Can I get off Insolvency Register early?

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zoe182

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Post by zoe182 » Sat Jun 08, 2019 5:28 pm
I’ve been in a Iva since November and my dad has found out about it and isn’t happy about me being in it, he said he wants to pay my debts off and get rid of Iva but now I’m in it, I’m I blacklisted for 6 years regardless whether he pays it off or not? I owned £11k and I have been paying £80.00 a month, can anything be done to get my of that register? Thanks

Foggy

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Post by Foggy » Sat Jun 08, 2019 5:39 pm
You will come off of the Insolvency Register three months after the completion certificate is issued, but the IVA will remain on your credit reference agency files for 6 years regardless.... trashing your credit worthiness for at least that time.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
http://foggy.blogs.iva.co.uk

zoe182

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Joined: Wed Nov 28, 2018 12:44 pm

Post by zoe182 » Sat Jun 08, 2019 5:54 pm
Thank you for your response, so there’s no way of getting it to disappear? That if I fail it and sort the depts out with them myself? Thanks

Foggy

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Post by Foggy » Sat Jun 08, 2019 6:06 pm
No -- now that it is 'on record' it will stay there regardless.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
http://foggy.blogs.iva.co.uk

kallis3

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Post by kallis3 » Sat Jun 08, 2019 9:18 pm
Your 'blacklist' will remain on your credit record for six years from the start of your IVA. As Foggy says, you cannot remove it from the Insolvency Register until they remove it.
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
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