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.
Will creditors ever extend my arrangement?
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?
Creditors cannot change the terms of an IVA after that IVA has been accepted.
However, if you are ever in breach of the terms of your IVA and would otherwise fail, then creditors may allow you to continue with the compromise that you extend the Arrangement or make additional payments.
If this happens it will be discussed with you fully, and you will have the opportunity to negotiate or refuse their offer.