Default dates ?1

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sandybrowneyes2002
Posts: 5
by sandybrowneyes2002 » Sat Apr 01, 2017 1:54 pm
Hello,

Can someone shed some light on this for me please? I am year 3 of a IVA. I recently got a report from noodle,
Few of my debtors have sold the debts on. I have noticed on my noodle report they have all put me as defaulted every month since they have purchased the debt.

I thought I wouldn't get new default after the IVA start dates, I have a feeling I must be wrong but can someone explain please?
Many thanks
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Foggy
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by Foggy » Sat Apr 01, 2017 1:56 pm
You aren't getting new defaults -- they can only default once and then every month they report that the account is still in default ( which it is) --- it will all disapear when the time comes.
sandybrowneyes2002
Posts: 5
by sandybrowneyes2002 » Sat Apr 01, 2017 3:00 pm
Great stuff, thank you for explaining that to me
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