Completion cert timescale

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nickjohn

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Post by nickjohn » Mon Mar 20, 2017 10:45 pm
Is there a maximum time limit for an IP to forward a completion certificate if you have made all your payments and every thing is reported as satisfactory.

Foggy

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Post by Foggy » Tue Mar 21, 2017 7:48 am
There is usually a clause as to the length of the arrangement in the proposal. Normally they get a 6 month admin period after the last payments. This can be extended twice; once by 3 months and another by 6, on giving Notice to the debtor. To go beyond that would need some other, overriding irregularity. However, if push came to shove, enforcing the clause would be a different matter.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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