My IVA completed on 04/05/17 and I have the certificate. My understanding was that 6 years after the start date of the IVA, information on my credit file would "drop off" or at least I would need to push this along a little bit. However, having been brave enough to finally look at my credit file today, I can see nothing relating to the IVA, apart from 1 entry from a debt agency. Whilst they have noted the account was settled on 04/05/17, they have also documented that this entry will be recorded until May 2023. Can they do this? Many Thanks Dawn
It should drop off after six years from the start. Have you checked the Insolvency Register to see if you are still on there.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
kallis3 wrote:It should drop off after six years from the start. Have you checked the Insolvency Register to see if you are still on there.
Thanks Kallis3, I have not checked Insolvency Register but will get onto that now. I know there is still time for it to come off my credit file, but 2023 has me a bit prickly. many Thanks
kallis3 wrote:It should drop off after six years from the start. Have you checked the Insolvency Register to see if you are still on there.
Thanks Kallis3, I have not checked Insolvency Register but will get onto that now. I know there is still time for it to come off my credit file, but 2023 has me a bit prickly. many Thanks
Quick update..... I've checked Insolvency Register and I can't find me! I'm guessing that's a good thing
Good - at least that has gone! Get in touch with the debt agency and tell them to remove this default - it should not remain until 2023.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
Hi Dawn, this does happen frequently but, if the debt was included in your IVA then it should not post-date the date of your IVA. Therefore by definition it should no longer show. You are doing the right thing - write to them and insist they correct it.
Specialist Mortgage Advisers. Highly Commended at the British Mortgage Awards.
Shaun Vickery wrote:Hi Dawn, this does happen frequently but, if the debt was included in your IVA then it should not post-date the date of your IVA. Therefore by definition it should no longer show. You are doing the right thing - write to them and insist they correct it.
Thank you Shaun, I have posted a letter this morning. Hopefully it will be resolved soon.
It is possible that they have not formally defaulted the account, so it will remain on file, or that they have incorrectly dated the default, which should be the start date of the IVA. If they have not defaulted you are within your rights to insist that they do, using the correct date.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
dawn797 wrote:My IVA completed on 04/05/17 and I have the certificate. My understanding was that 6 years after the start date of the IVA, information on my credit file would "drop off" or at least I would need to push this along a little bit. However, having been brave enough to finally look at my credit file today, I can see nothing relating to the IVA, apart from 1 entry from a debt agency. Whilst they have noted the account was settled on 04/05/17, they have also documented that this entry will be recorded until May 2023. Can they do this? Many Thanks Dawn
Hi Dawn
Collectors, such as Lowell etc, do Default accounts, however they are not legally able to alter the original debts default date.
If this is a case of them moving/changing the date then you will get this removed/corrected.
