My iva has been completed, I received my certificate which was on the 12th december and my name is now of the insolvency register.
How long does it take the defaults to become satisfied
May be worth checking all three credit reports - to ensure all defaults are dated on or before the the IVA start date - or they wont drop off automatically if they dated later that the IVA start (some companies place defaults all the way through the IVA)
hi, we recieved our cert on 11 dec. i wrote to all 3 CRA and as of today my iva has disappeared from there too !!!! i sent them copy of cert and covering letter. everything else now seems to be done , so heres to a debt free future. well done on completing.
x
Hi - once your certificate is received and you are removed from the insolvency register, your creditors will slowly begin to update your credit records and will annotate the entries as satisfied and shoudl zero the remaining balance......
the defaults will stay on your file for 6 years from the date they were entered - if any were entered after the IVA commenced then those creditors should be asked to amend them to the IVA start date.
Last edited by luluj on Thu Jan 05, 2012 4:07 pm, edited 1 time in total.
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It actually can be added but once the IVA is completed then it needs to be removed.
I think they do it just in case you default on the IVA so they are already in place.
Sharing from experiences of dealing with debt
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