www.iva.co.uk

I'm just coming to the end of my 3rd year and tbh it has been fairly plain sailing so far, though when I get my annual pay rise next year I'll be raising my monthly payment for 15 months but hey, ho!

Anyway, someone mentioned today that at the end of my IVA the practitioner would run a credit check on me. Was just curious as to a) why they would do it b) can they legally do it?

Unimportant question I know, but interested to know the answer...

Hi markwebs,

I am no expert, but as far as I am aware, the Ip does no do any credit checks on you at any tags in the IVA.

An expert should be along and should be able to answer.

Perhaps you mean a land registry check to make sure that you do not have an interest in a property? I'm not 100% sure on this but remember seeing something like that in the annual report.

Why would they want to do that? I am sure your IP, by the end of the IVA, is pretty clear as to the extent of your credit rating.

That's what I thought! Thanks for the answers.

I hadn't heard of this before. With an IVA on your credit rating it won't be in good health so to speak but once it's finished we can all start to rebuild ours. x

I'm not aware of IP's running any credit checks at the end of the IVA.

Unless some do to check that no further credit is taken? But within an IVA I'm guessing we couldn't get any but maybe some slip through the net? x

I doubt they do, unless given a reason.