Removal of name from Insolvency Register

Get expert opinion. This is the place for new questions to be posted.
2 posts Page 1 of 1
Post Reply

julie535

User avatar
Posts: 1
Joined: Fri May 14, 2021 11:06 am
Post by julie535 » Fri May 14, 2021 11:06 am
Quote
I entered into an IVA in Dec '20; I made one payment of £90 & I cancelled the IVA after consulting a financial advisor. I have now received confirmation of the cancellation (done via Credit Fix); is it correct that it takes 3 months for my name to be removed from the Insolvency Register ?
& is there any way of speeding up the removal ? Thank you.
Top

Foggy

User avatar
Posts: 33396
Joined: Fri Dec 17, 2010 11:14 am
Location: United Kingdom
Post by Foggy » Fri May 14, 2021 11:41 am
Quote
It takes up to three months, but the timescale is purely down to the Insolvency Service who, in my experience, do not like being pushed.

Be aware that the IVA will remain on, and severely affect, your credit reference files for 6 years from the start date.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
Top
Post Reply
2 posts Page 1 of 1
Return to “Ask IVA Forum and Industry experts”