Always check on Appendix D of your proposal for all creditors that are included in the IVA. If a new creditor comes to light, check that you agree with the amount of the debt and forward the letter onto us. Please also include a covering letter telling us why this debt wasn’t originally included. We can almost always include overlooked creditors.
Note that new debts added into the IVA can decrease the dividend payable to your creditors. Each case is reviewed individually and your Supervisor will tell you what needs to happen next.