Get expert opinion. This is the place for new questions to be posted.
-
sadie
- Posts: 35
- Joined: Thu Apr 12, 2012 11:06 pm
- Location:
Hi, I have just settled my IVA with a full and final settlement and know I will have to wait some time for the certificate.
Looking at my credit file all of my creditors are putting a status 8 on my account every month even though my IVA was agreed in April 2009. Should they still be doing this?I know the IVA is on my file for 6 years from the start so until April 2015 but if these defaults keep showing every month on an ongoing basis they will be on there for another six years from now so until 2019. Do I need to contact the creditors to get them to take off the defaults to the date the IVA started or will they backdate to April 2009 when I send the completion certificate?
-
luluj
Forum Expert
- Posts: 11333
- Joined: Sun Dec 09, 2007 6:54 am
- Location: United Kingdom
Default dates should not be recorded on your credit file after the start date of the IVA. However creditors can an do still record a status update each month .... Once your certificate of completion is received and creditors informed of closure they will stop recording updates each month.
Sharing from experiences of dealing with debt
There is a solution for everyone .... Just need to stay positive !
Look at my blog "All I wanted was a baby"
