Hi all.
My F&F was agreed with last payment made to my IVA in October. I am not sure what the procedure is now as I have heard nothing from my IP. I still had two years to run on my IVA so cannot get credit etc. until 2018 but will I get my completion certificate before 2017 or when my IVA should have finished? Thank you
Take what life throws at you and hold your head up high. You're only human after all!!!
You should have your certificate within a short time after completing.
Which company are you with? You need to push them.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
Hi Kallis, Thank you for replying. I am with Cleardebt. What does my certificate actually mean and will it help me if I want to rent. At the moment I am renting but can't move because I am in an IVA and no-one seems to want to rent to someone in an IVA
Take what life throws at you and hold your head up high. You're only human after all!!!
David Mond from Cleardebt posts on here and I am sure he'll chase up your completion certificate. Have you had to sign a Deed of Assignment as part or your F&F? Just wondering if that could be a delay?
Your IVA will remain on your credit file along with any defaults for 6 years from the start date so your credit reference is shot til then. I do believe some landlords are more tolerant if you have a larger deposit which you could get from saving your iva payments.
Thanks relieved33. I will chase this up then. I realise it will make no difference to my credit rating but thought that maybe if I could prove it was completed it might help. Not to worry, I can wait a bit longer to move!
Take what life throws at you and hold your head up high. You're only human after all!!!
Unusual for a delay like this with this company especially given the work they do to get f&f accepted.
IVA started March 2011, Completed March 2016 and certificate issued 11 days after final payment. It was not always easy but then some of the best decisions aren't.
Chase up your IP and ask for an update on their progress with closing your IVA. Some can take up to 6 months so maximum should be April time as long as there are no outstanding material issues to deal with.
Please e-mail me (david.mond@cleardebt.co.uk) with your details and I will arrange for your case manager to contact you with an update.
Kind regards,
David
Regards, David Mond, Insolvency Practitioner for over 46 years. Personal Insolvency Practitioner of the year 2012, Personal Insolvency Practitioner of the year finalist 2013 & 2014 awarded by Insolvency & Rescue Magazine and 2015 finalist for Personal Insolvency Firm of the Year.
