IVA paid, now a new debt letter... Help!!

Benbenno87

Afternoon!

Im new, so treat me kindly lol

i'll keep it short-ish, but, i was successful last year in getting an IVA put in place, i owed just over £13000, luckily i was in the situation that a family member offered to pay £7500 of the debt in one swoop, and then i would pay them back at £150 a month till it was paid. It all went through and the debt was lifted after the money had been paid.

Fast forward 9 months after not hearing a peep from anyone and all seeming spot on, no calls or letters demanding money, life is so much better, no stress and sleep-less nights.

But then on Friday (11th) i recieved a letter from a Debt collecting agency (won't name as im not clued up on the rules in here just yet) asking for £220 in relation to an Orange account i held, well, at least 6 years ago. I didn't even know i owed them any money on it, as when my IVA was going through, i rang them up and gave them my name and they stated i did not owe anything as they could not even find my details, so left them off the form of who i owed money to.

So, I was just wondering, can anyone help me on where i go from here? I am yet to ring the debt company up.

Do i ignore it? A cheeky chancer from the debt agency seeing if i will just cough up and pay.

Or is it something more serious that i need to go on and sort with someone/something.

Thanks in advance Ben

macman

If it's 6 years or more then it's out of time, unless you've paid something towards it in the interim.

Benbenno87

I have never paid it in the 5 or 6 years then, i thought it had long gone, especially when i rang up and asked them and they said no.

What shall i do with the letter, if its the first, shall i see if they send another out? The go from there?

Thanks.

Foxy-Stoat_3

If the Orange account does not form part of the IVA then I would ask to see the last statement from Orange as you do not believe you owed any money to them. You could try saying your in an IVA and they may stop chasing you.

Of course if you forgot or can't remember if you owed them anything and you do then I don't see how you can not pay them.

As stated, if the last statement is over 6 years old then need do nothing.

Cody

If the debt is from before the IVA, then it will be bound by the terms of the IVA even if not listed in the IVA. The amount is small compared to the total amount of your IVA. So, you would need to pay orange the same percentage.

Having said that, I am not expert, just somebody who has been through a lump sum IVA, and had a similar issue. I contacted my IVA firm and they provided me with a letter which I could send to the company I owed money too. Havnt heard from them since actually, I owed 1200 and my IVA was at 12%, so I dont think it was worth there time.

I dont know about this 6 year thing when debts can be written off.

I would suggest to contact the IVA firm who did your IVA.

Cody

UpToMyNeckInIt

...You need to be careful: Your orange debt may be 'out of time', but this does not mean 'written off'. As I understood this 6-Year Rule on old debts, this simply means that the creditor cannot legally pursue the debt, but it will remain as a default on your credit file until the debt is settled.

Assuming this debt was excluded from the IVA:

If your IVA is 'completed' ie: you have received your completion cert. AND are off the insolvency register, then my view is that this is now your problem to deal with.

If however, you have not received your completion paperwork, and that not including this debt was merely an oversight, then there is no reason why it cannot be included in the IVA (especilly assuming that it was a small proportion of your overall debt).

Either way, I am no expert, so it is well worth a chat with your IVA firm to discuss the best way to deal with this.

Good luck.