www.iva.co.uk

Hi,

My husband was/is in an IVA and it has since been discharged. However, when I have checked his credit report, there are two defaults sat on there from TTI Spc - does anyone know what/who this is and how we can go about getting them moved to the satisfied pile?

I have recently written to them to amend a default date. Address on the below link, FOA the Data Controller.

http://www.tti-spc.com/

Ah - debt collection agency.

The default date they have is correct - however it is still on the credit report as a live default (everything else has gone) the completion cert was received last year so I don't know why they are on there.

They are not a debt collection agency, they are debt purchasers, so they now have ownership of the original debt.

Hi Seventh, so the default date is correct and is older than 6 years?

If this is the case then contacting the CRA's directly may be able to have it removed

Morning,

Sorry, I'm probably not explain myself very well. I thought we had put all this behind us and finding two glaring red defaults on the credit score has shaken me up.

My husband had an IVA that we completed last year. Full and final payments were accepted and we have received the certificate.

Every company that was included in the IVA is now in the historic part of the credit report marked as satisfied (although there will be the original default date on them somewhere)

My query is how do we deal with these that seem to have been sold on? The original debt was in the IVA but does it not count now if it was sold on? We have had no paperwork from this company and we don't want them sat as they are on the credit file because as far as we were concerned, the F&F had been accepted and they should be marked satisfied as the rest are, is this not the case?

Hi Seventh, as long as the IVA and defaults are on file ( it matters not under which section, or whether they are marked satisfied, partially satisfied or still open) your credit file is shot and you will find it difficult to secure any credit.

As long as all the default dates are correct ( that is to say on or before the date of the start of the IVA) they will fall off your file on the 6th anniversary, along with the IVA itself.

The different CRAs register records differently, so one might have them as historic, another will have them as current.

Useful guide here:

http://pjgrecovery.com/clean-up-credit-rating.asp

Hi,

Thank you for that - guess I just had a little panic seeing red on the file. Not long to go until they drop off for good. Roll on April next year