Sorry if I'm being dopey but I can't seem to find the answer to this anywhere... I am aware that CRAs can hold Default Notices on your record for 6 years, but what is the basis for this? Is it simply DPA, or is there some other law which will allow them to? Surely there's something somewhere? Thanks...

Sorry, but what is meant by statutory binding?

That the debtor has a defence to the creditor chasing the debt after the IVA, and the creditor has a defence to the debtor questioning the debt after the IVA?

Thanks for your advice...

Bogus creditor may be the wrong description - what about a debt such as a current account overdraft or credit card, and then after completing the IVA, you dispute the debt under bank charges or someone else opened it in your name?

Hi all, I have a theoretical query that I was hoping someone could help me with. If I entered an IVA with 10 separate creditor debts and completed my IVA, can I then dispute one of the debts if I believe it was not mine, or are the debts somehow "locked" by the IVA process? It would appear to me to ...