Full and Final proceedure ?

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Frank.de

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Post by Frank.de » Fri Mar 18, 2011 11:57 pm
what is the procedure after i have paid the full and final settlement on my iva
 
 

Broke of London

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Post by Broke of London » Sat Mar 19, 2011 12:09 am
Hi Frank and welcome! I don't know from experience but speak to your case manager on Monday and ask what happens next. Congratulations on getting to the end xx
 
 

kallis3

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Post by kallis3 » Sat Mar 19, 2011 7:39 am
Hi Frank and welcome from me as well.

Now that you have made your full and final payment, assuming it has been accepted, then you have to wait whilst your IP closes your case and then you will be issued with a completion letter.

Once the case is closed, your name will disappear from the Insolvency Register and you then need to check your credit record to see if any defaults have been registered post IVA acceptance. If they have, contact those creditors and tell them to remove the defaults.

Your IVA will remain on your record for the full six years though.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
 
 

wonderwoman

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Post by wonderwoman » Sat Mar 19, 2011 8:33 am
frank, are you like me and think that something else will jump from out of the wood work and put a dampner on the excitment of paying your last payment...[:(]
 
 

kallis3

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Post by kallis3 » Sat Mar 19, 2011 8:42 am
I think Frank has made his payment - sounds as though he was able to settle early - lucky thing!
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
 
 

Broke of London

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Post by Broke of London » Sat Mar 19, 2011 8:49 am
No luck on the lottery here either! Next week feels lucky!!
 
 

kallis3

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Post by kallis3 » Sat Mar 19, 2011 8:53 am
Nor me!
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
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