Morning Pepes I've had my IVA extended for another year. Will it still come off record in 6 years ?

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Haze

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Post by Haze » Wed Jun 22, 2016 8:06 am
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Morning Pepes
I've had my Iva extended for another yr. Poop. So my iva will have been 6 yrs not 5. Question is will my iva still come off my record as they say 6 yrs from when it starts?
Many thanks
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Foggy

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Post by Foggy » Wed Jun 22, 2016 9:03 am
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Around about, yes. By the time you get your completion certificate the 6 years will have come and gone, so the records should start clearing right away ( allowing for the organisations processing times).

Do check your default dates to make sure they are correct. Background info here:

http://debtcamel.co.uk/repair-credit-record-iva/
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 » Wed Jun 22, 2016 9:44 am
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Hi Haze - was the extension due to your equitable interest being over £5k?

Your IVA will only come off the record once it is closed and you have your CC, by which time the 6 year defaults should have dropped off too.
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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