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Important announcement regarding Varden Nuttall

Varden Nuttall Limited (‘the Company’) was placed into Administration on 24 March 2016.

The Joint Administrators, Ben Woolrych & Phil Pierce of FRP Advisory LLP and Paul Boyle & Tom Bowes of Harrisons Business Recovery and Insolvency Limited, act as agents of the Company and without personal liability. Paul Boyle & Tom Bowes are licensed by the Insolvency Practitioners Association and Ben Woolrych & 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 my IVA payments change?

Only if stated in the proposal (or any modifications stated in your Chairman's Report), or if your income or expenditure significantly changes.

For example, if child benefits stop, or if a hire-purchase agreement finishes, or if your income increases.

Please make sure that you understand your payment schedule before signing and returning your proposal, and read the Chairman's Report carefully.