What do I do about a letter threatening court action?
It’s important you don’t ignore letters threatening debt enforcement action, such as a request to respond to County Court forms. You must let us know about this and send a copy to your IVA supervisor.
Creditors aren’t entitled to take any such action while your IVA is in place. We'll contact them on our clients’ behalf to remind them about the IVA and ask them to stop taking action.
What's a 'Notice of Assignment'?
A ‘Notice of Assignment’ is a letter about a debt that has been sold on to a third party, such as a debt collection agency
Creditors are still entitled to buy and sell any debts listed in your IVA, but the creditor who buys the debt will still be bound by the terms of your IVA. They can’t take any action to recover the debt.
The ‘Notice of Assignment’ letters aren’t demands for payment, they are sent to you for information only. If you receive any, please send them to us so we can update our records and ensure any correspondence is sent to the right creditor.