Completed one off IVA 2013. Do outstanding balances stay on credit file for 6 years ?

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James.68

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Post by James.68 » Mon Apr 25, 2016 11:38 am
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Hi, I completed my I.V.A in December 2013. This was in the form of a one off payment and not a five year payment plan. Some of the creditors still show outstanding balances on my credit report. The others have listed them as settled. Is it possible to have this changed or can the creditors keep the balances on for six years.
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Shining

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Post by Shining » Mon Apr 25, 2016 11:56 am
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Hi, I'll post a couple of links that may help you along the way to see if there is anything you should be doing before the 6 years from date of acceptance mark.

http://beatmydebt.com/individual-volunt ... -after-iva

http://pjgrecovery.com/clean-up-credit-rating.asp
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
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Foggy

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Post by Foggy » Mon Apr 25, 2016 11:57 am
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Have a read here:

http://debtcamel.co.uk/credit-file-after-bankruptcy/
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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Lisa Thomas

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Post by Lisa Thomas » Mon Apr 25, 2016 4:09 pm
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When did the IVA start? The 6 years will still apply until 6 years from the start even though you completed quickly, I'm afraid.

After 6 years you can start chasing creditors to adjust any defaults registered post IVA.
I'm a licensed IP with 16+ yrs at Neville & Co covering the South West area. I have a YouTube channel with advisory videos on here: https://www.youtube.com/channel/UCMPTTu ... Z5k9ZcC2MA http://www.nevilleco.co.uk 01752 786800 Lisa@nevilleco.co.uk
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