Important announcement regarding Varden Nuttall
Varden Nuttall Limited (‘the Company’) was placed into Administration on 24 March 2016.
The Joint Administrators, Paul Boyle of Harrisons Business Recovery and Insolvency Limited and Ben Woolrych & Phil Pierce of FRP Advisory LLP, act as agents of the Company and without personal liability. Paul Boyle, Ben Woolrych and Phil Pierce are licensed by the Institute of Chartered Accountants of England and Wales, all Joint Administrators are bound by the Insolvency Code of Ethics.
Why do you ask me to prove my income/expenditure during the IVA?
Not all of my creditors are listed on my chairman’s report. Are they all included?
How do I rebuild my credit rating?
What happens if my income reduces?
Is it true that I can end up paying more than I owe?
What happens if my Individual Voluntary Arrangement fails?
How will An IVA Affect My House?
How To Settle an IVA
Can I Get An IVA If I Am A Student
What is an Individual Voluntary Arrangement?
Why do I need to fill in an RX1 form?
The Supervisor is required to collect evidence of your income and expenditure on an annual basis to ensure that you are paying the correct amount into the IVA. Payslips and proof of key expenditure such as utility bills and mortgage repayments are essential in order to prove that your monthly payments continue to be affordable and the maximum that you can reasonably afford.
If this evidence is requested, then failure to provide it may result in the failure of your IVA.