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Will lenders stop pressuring me?

02-Jul-2024

When your IVA is accepted, a copy of the Chairman’s Report is sent to all creditors. However, large companies such as banks and credit card companies often take time to process this and pass the information to their debt collection agencies. If you continue to get contacted, then you should advise the debt collectors that you are in an IVA and that all correspondence should be forwarded to your Supervisor. It is very normal to still receive some contact after approval for a few weeks, but this will stop.

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