Would you please help ,
I entered iva in April 2016 and my Iva settled September 2016 with lump sum around 50% in total I was own to creditors , Iva completed in March 2017 and received cereticate of completion but they told me IVA will stay in your credit file for 6 years ,
personally I didn't understand IVA impact that much and damage my credit file ,
Also I found the Iva company taken around £4400 for proceeding Iva ,
I would like to withdraw Iva if possible and call the credites to agree on the resnable amount, please help if this is possible or if you have better idea please let me know , I just want get out of bad credit to sort a mortgage out .
If your IVA has completed you do not owe any more as long as you have your completion letter. Your credit rating will be shot for six years and there is nothing you can do about that. Your creditors will have been paid off so you won't be able to cancel and start again.
Have a read here:
http://www.iva.co.uk/what-does-an-iva-d ... dit-record
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