Hi,I completed a full & final settlement IVA

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ethan

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Post by ethan » Sun Mar 07, 2010 6:27 pm
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Hi,

I completed a full & final settlement IVA in Feb 2005. I am not sure when I can expect my credit record to be free of this? I also have one creditor who was part of the settlement who is showing existing debt each month and despite letters has not acted on this.
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MelanieGiles

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Post by MelanieGiles » Sun Mar 07, 2010 7:02 pm
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Hi there and welcome to the forum

When was the IVA first taken out Ethan? It will drop off the record six years from the time it was first accepted by creditors.
Regards, Melanie Giles, Insolvency Practitioner
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kallis3

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Post by kallis3 » Sun Mar 07, 2010 7:52 pm
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You should contact the creditor and send a copy of your completion certificate.

Tell them to remove any defaults which were placed on your file after the IVA was agreed.
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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ethan

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Post by ethan » Sun Mar 07, 2010 9:22 pm
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Thanks for the advice, I'll write to my former lender. the agreement was in feb 2005, so only one year to go I guess.
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