Iva compilation and still receiving documents?

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Amy.j

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Location: United Kingdom

Post by Amy.j » Thu Oct 26, 2017 1:42 pm
Hi there,

Just a quick question, on the 2nd October I had a creditors meeting and a successful full and final settlement meeting. I know it's been less than a month but I haven't yet received my completion certificate and I am still receiving statements from the companies that were involved in my Iva?

How long does this all take to stop? And how long will it take for these companies to know I have completed my Iva?
Also how long will it take for my name to come off the insolvency register?

Tia

Lisa Thomas

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Industry Expert
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Joined: Wed Dec 03, 2014 10:26 am

Post by Lisa Thomas » Thu Oct 26, 2017 2:00 pm
some firms will take up to 6 months to close then it takes up to 3 months to come off the register.

Chase your IP up in writing.
I'm a licensed IP with 16+ yrs at Neville & Co covering the South West area. I have a YouTube channel with advisory videos on here: https://www.youtube.com/channel/UCMPTTu ... Z5k9ZcC2MA http://www.nevilleco.co.uk 01752 786800 Lisa@nevilleco.co.uk

Foggy

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Location: United Kingdom

Post by Foggy » Thu Oct 26, 2017 2:06 pm
As Lisa says -- a few firms take 6 months, most take a couple of months and a few take a few weeks to issue completuion paperwork. Your name will come off the Insolvency Register within three months of the issue of the certificate ( thoguh they say "within" it is more commonly three months to the day).

The IVA will remain on your credit files for 6 years from the start date, but should be, at leaset, marked "completed".

Have a read here: https://www.iva.co.uk/what-does-an-iva- ... dit-record
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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