Iva sold to harrington brooks

busyteachermummy

Hi,
we ate in the third year if our 6 year iva with debt lifeboat. We have never missed a payment. I have just received a letter saying its been transferred to Harrington brooks with no explanation.
Does anyone know why this would happen?
Debtifeboat have been great, very fair with yearly reviews. I'm worried Harrington won't be as good. Has anyone any experience of them as an iva provider?
Thanks

National_Debtline

Hi busyteacher


As I understand it, Debt Lifeboat's parent company has decided to pull out of the IVA market altogether and consequently their entire book of existing IVAs is being sold on to Harrington Brooks. The existing terms and conditions of your IVA should not be affected in any way, and reviews should continue to be held on a yearly basis with HB. There will be no change from the perspective of your creditors, though I expect that HB will be contacting them at some point to introduce themselves as your new insolvency practitioner.


I'll leave it to others with personal experience of HB's services to comment on their proficiency or otherwise.


Dennis
@natdebtline