i keep getting fobed off for my completion certificate. and told it is on the desk just needing to be signed. this has gone on for 6 months now.and it has been over 6 years.do i go to my solicitor .help please
This is a problem within the industry at the moment and we are hoping for a decision shortly where IPs produve the completion certificate even if there are assets outstanding [PPI claims]
Hi
The certificate shouls go out at the end of the 5 years or whatever term so you can get on with your life thats the agreement you made and have adhered to
All this PPI nonsense and VAt etc its not the IVA customers fault or their problem The money has been paid give us our paper now A4 or A3 or on the back of an envelope whatever just send it !
Any PPI money you get goes back its not as if they are not going to know you have had it and the banks will pay you anyway so they know you should pay it back to them
All pointless as they should say ah ok We are paying out £3000 to this person he or she is in an IVA so thats ours !
I paid my IVA off in January and still haven't received a completion certificate. Hopefully it won't be much longer, but I started my IVA on 9th November 2006 so was hoping it would be off my credit file now
I am still of the humble and uneducated opinion what has not be captured by year 6, is by statute terms to late, as the creditors no longer exist.
Hence the reason why they won't appear on your credit report after that time.
I find the argument that it was an asset at the time of the IVA and therefore belongs to the creditor to the six year point fine, but beyond that, they don't exist and that point the IVA get automatic closure
Statue barring is a complex issue and relates only to debts which you have not done anything with or had any correspondence about. Anything included within the IVA can not ever become statute barred as you have in effect acknowledged the debt and are paying towards it.
Paul
Discharged today the 8th feb 2012. View is much brighter now.
Continuing to rebuild our credit worthiness.
I can see a hole in your reasoning sponge - PPI claims, as I keep repeating on this forum, are not subject to statute barring. Just the other day it was reported in the press that someone had received a claim on a credit card which was taken out 20 years ago.
