I entered into an IVA over 10 years ago unfortunately I had to go bankrupt 12 months later. The IVA company did not tell me that they had put a restriction on my home. At the time there was no equity in it. I found out there was a restriction on it in 2018 when I was going to switch a secure loan. I have contacted them and they are saying I still owe creditors from over 10 years ago even though I went bankcrupt and are now discharged and have been for years. Please advise.
No you don't if you were discharged from BR. Have you checked the Insolvency Register?
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
I am sure that the question of the property would have been dealt with by the OR, who would have taken control of the title and been aware of a restriction at the time. How was the property dealt with by the OR ?
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
The OR put a restriction on the property but lifted it as soon as I was discharged. The IVA company did but i only found this out nine years later. At the time there was no equity but obviously 9 years later there is.