Hi Andy, Thanks for your comments here, yes you are certainly correct in the way creditors are quick to record adverse information, but obviously Principle 4 of the Data Protection Act does apply to inacurate data on your file, which I have already raised with the Information Commissioner's office a...

Hi It is frustrating when creditors fail to update files, they are cerainly qiuck to update when there is any adverse info. The only point that I will make is that the record of your IVA and the record of any account taht you had prior to your IVA "should" drop off your credit file a year after you...

I concluded my IVA and the final Chairmans report had been sent to all my creditors. My question is that I have found with almost all my creditors they have failed to update my credit files on receipt of the final report and I in turn have had to write to each one enclosing a copy of my completion c...

I most certainly am thanks, a great feeling to finally close this chapter

Further to my Question in November, my creditors meeting was held today and my full and final settlement figure was ACCEPTED, yip pee, fantastic new for the start of a fresh new year. I can thank everyone enough for all the absolute fantasic advise I have been given on here

Jeff

Thanks for all your positive comments, much appreciated, will definately keep this site posted of my progress

Jeff

That must be a great weight off your shoulders now, many congratulation, fantasic news to hear.

Jeff

Will do Lesley, as soon as I know.

Thanks Jan

Hi Lisa, many thanks for the prompt advice. I thought this was the case, obviously with the balance being reduced while I wait for the Creditors Meeting to be arranged, hopefully this will make my offer even more acceptable as my overall blance would have been reduced by the said amount.

Hello all, I have had my IVA for 41 months now and have a balance outstanding of £8024. I have contacted my IP to offer a full and final settlement of £6000 which I have confirmed in writing. I have been advised that a creditors meeting will have to be organised and this will more than likely be in ...

Hi Endsmeet, I have defaults on all my accounts showing on my Credit File too, however I have checked this out and a Default will only remain on file for six years from the date of default whether settled or not, so effectively six years from the actual default date, the Credit Reference Agencies sh...

Many thanks for your further comments folks and Andy for the clarification on my IP's fees etc, I will speak to them and see what they have to say!!!

Thank you for all the advice here, it so so appreciated and great that you can sounds things out on here, such a great source of information. I thought my fees are quiet high, suprised my creditors allowed this as I would have thought they would have been after the bigger chunk so to speak? Will con...

Thats very interesting so my IP could also be affected by my offer? I remember a few years back of being asked by my IP if I wanted to re-finance my mortgage to pay off my IVA early when I was going through my second year financial review! Very interesting! thanks Jeff