Get expert opinion. This is the place for new questions to be posted.
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Jane.96
- Posts: 3
- Joined: Sun Oct 20, 2013 4:30 pm
I started my IVA in April 2011. I sold my house last year, and made a "Full and Final settlement payment from the sale proceeds, which was accepted at a creditors meeting in Sept 2012. I received a Certificate of Completion. My credit rating is obviously still affected. Can you tell me how long after I paid the IVA off, my credit status will get back to normal please? It's slightly annoying that I will be uncredit-worthy for a full 5 years from the start of the IVA, even though I paid it off after 18 months! Thank you.
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winter_blues
- Posts: 538
- Joined: Wed Sep 29, 2010 10:06 pm
- Location: United Kingdom
I'm afraid so . I believe its 6 years from your IVA date . An expert will confirm this though.
Last edited by
winter_blues on Sun Oct 20, 2013 4:35 pm, edited 1 time in total.
Winter-Blues
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ginger323232
- Posts: 544
- Joined: Thu Jan 10, 2013 12:31 pm
- Location:
I am no expert - but your IVA will be visible for 6 years in total - from the start of your IVA.
What to do need to check is that all your default accounts are marked correctly as either settled/or partial settled and all your defaults are marked the same date as your IVA agreed date
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back on track
- Posts: 1085
- Joined: Mon Mar 16, 2009 5:05 pm
- Location: United Kingdom
its 6 years from your iva start date reguardless of how early you paid it off.you will come off the insolvency register but that's all until 6years have passes.
cc received 6th January 2014 now upwards and onwards
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wiggle1
- Posts: 600
- Joined: Fri Jan 27, 2012 7:09 pm
- Location: United Kingdom
We are still on the insolvency register but I read somewhere that it can take 3/4 months for your name to be removed.
Life after IVA is wonderful.
