Speeding up the closure

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Post by alasdair » Wed Jan 20, 2021 4:17 pm
my IVA has been paid off, and is currently sat with the closures team at Creditfix. I need to get it removed from the land register as i have sold my house, but they said it can take 3-6 months to come off. is there anything I can do to expedite the process?


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Post by kallis3 » Wed Jan 20, 2021 4:22 pm
You can request it and give them the reasons to have the marker removed but I'm afraid closures are taking up to six months at the moment.
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Post by Foggy » Wed Jan 20, 2021 4:38 pm
You could argue that you have complied with the equity release provisions in the agreement and they are, therefore, done and dusted. In which case there is no longer any need for the restriction on your property and it could be lifted without affecting the rest of the closure process.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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