On noodle today I noticed it says that closed accounts stay on file for six years. Is this six years from when they were closed???? As I finished my IVA in March 2014 and IVA due to drop off files in March 2015 I am expecting them to drop off in March. However some of the 'settled' accounts only closed when the CC was issued. Do I have to wait another six years???? Surely this can't be right?
The IVA drops off 6 years from the start date. Those settled accounts defaulted at that time ( check they are showing as defaulted then settled) and the clock starts on the default date, which should also be the start of the IVA.
Thanks Foggy, some are showing as 'closed' on the date they got my CC. Shall I just keep my eye on them and make sure they definitely drop off and maybe only challenge the 'closed' date if needs be?
Reading this thread am I right to think that an account should be marked as settled when the CC has been received mine are still showing as default but the default date is correct, so will they automatically drop off after 6 years even showing the default (hope this makes sense!)
They will drop off, regardless of what they show, 6 years from the default date. Some creditors mark them settles, some partially settled and some seem to do nothing.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
