paying off iva

Get expert opinion. This is the place for new questions to be posted.
2 posts Page 1 of 1
 
 

pennieless

User avatar
Posts: 239
Joined: Thu Feb 09, 2012 3:15 pm
Location: United Kingdom

Post by pennieless » Wed Dec 17, 2014 8:24 am
I have been informed that my husband and I iva has now been paid off in full. Please could anyone tell me once they have the money how long does it usually take to pay all creditors. I no all companies are different but just wanted an idea. we are with creditfix after being transferred from pjg.
 
 

Foggy

User avatar
Posts: 33396
Joined: Fri Dec 17, 2010 11:14 am
Location: United Kingdom

Post by Foggy » Wed Dec 17, 2014 8:59 am
Congratulations :-)

Unfortunately your question re timescales is impossible to even guess at. As you say all firms take different times over this task. Some take weeks (as PJG would have done), some take up to a year or more (DFD and GT).

Creditfix is, however, an unknown quantity, but I would suspect a longer period than some. Only time will tell.

My advice would be to keep in touch with them, asking that they contact you as soon as any potential problems ( if any) come to light so that you might assist.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
2 posts Page 1 of 1
Return to “Ask IVA Forum and Industry experts”