Credit file - IVA

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Sioonoo

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Post by Sioonoo » Tue Dec 07, 2021 1:44 pm
Hello

I was told by my Practitioner following my completion certificate that my IVA will remain on my credit file from the date of the successful completion of my IVA but I was always under the impression that the IVA stays on credit file for 6 years from the Start date of the IVA not the completion date, when I check Citizens advice / ICO it corroborates what I say but the Insolvency practitioner has repeated that it's 6 years from the date it's completed, which one is it please?

Kind regards

Sioonoo

kallis3

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Post by kallis3 » Tue Dec 07, 2021 1:47 pm
It is six years from the START of your IVA.
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

Foggy

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Post by Foggy » Tue Dec 07, 2021 2:26 pm
Kallis is correct -- whoever you are speaking to is not !

I hope that you are chatting with a call handler, rather than the actual IP, because someone needs some retraining.
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

Sioonoo

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Joined: Mon Dec 06, 2021 4:49 pm

Post by Sioonoo » Wed Dec 08, 2021 2:40 pm
Thanks both I was speaking to the IVA trust person at debt movement and was told its 6 years from the successful completion of my IVA which to be honest shocked me because if that were true (it’s not as you stated) surely that would go against allowing people to try and rebuild their credit history again.

Thanks for responding both I appreciate it! I feel much better

kallis3

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Post by kallis3 » Wed Dec 08, 2021 5:29 pm
Debt Movement are wrong - the call handler was totally wrong and it is six years from the start. Glad we were able to reassure you.
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

Sioonoo

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Joined: Mon Dec 06, 2021 4:49 pm

Post by Sioonoo » Sat Dec 11, 2021 8:16 am
Thank you both! I really appreciate it - my mental health is terrible and when I read that it would stay on my credit file from the completion I felt massive despair - but you’ve made me feel a lot better - thank you!

kallis3

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Post by kallis3 » Sat Dec 11, 2021 9:44 am
You are very welcome and glad we could reassure you.
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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