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Debt Movement UK Ltd

Debt Movement UK Ltd (“Debt Movement”) propose and administer Individual Voluntary Arrangements (IVAs). Their Insolvency Practitioners are licensed to act in the UK by the Insolvency Practitioners Association and are members of the IPA’s Volume Provider Scheme.

Post IVA Trusts

Depending on the terms of your original IVA proposal or subsequent meeting of creditors, together with the case law decisions in NT Gallagher & Sons (2002) and Green v Wright (2017), your IVA assets may subject to a Post IVA Trust.

Aperture Debt Solutions LLP (“Aperture”) administered a large volume of Post IVA Trusts. This means that even though your IVA may not have started with Aperture but was closed by them, in some cases many years ago, they may have still been taking steps to realise any financial mis-selling claims, such as payment protection insurance, for the benefit of the Trust.  

All of Aperture’s Post IVA Trusts were transferred by formal Deed of Assignment in April 2021 and are now being administered by Laura Prescott, who acts as Trustee, and her specialist team at Debt Movement. Laura Prescott is licensed by the IPA to act as an Insolvency Practitioner in the UK.

As part of the administration process, Debt Movement may have funds that are due back to you, so it is important that you engage with them to receive any money you may be entitled to. You may be requested for your bank details for payment to be made, but if you feel more comfortable in doing so, please ensure you provide them with your most recent address so a cheque can be sent instead, although do bear in mind this may take a little longer to process.

You can contact Debt Movement in relation to your closed IVA on [email protected] or see their website for more information on how Debt Movement are administering your Trust.