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How long does IVA stay on Credit file?
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bubblesqueak
Posts: 19 Forumite
in IVA & DRO
I entered an IVA Aug 05 and did a full and final Dec 07. Does my IVA stay on my record for 6years from the start or 6 years from full and final????
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Comments
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Providing I havent been lied to (and it doesnt appear that way so far!!) its from the start. Its 6 years in total.
hope that helps!!Do not meddle in the affairs of dragons, for you are crunchy and taste good with ketchup0 -
yes, the IVA is recorded on your file for 6 years from the start date. I came out of my IVA early after 3 years, but it will still be there until november this year.
Rob H0 -
That's good news. Thanks,0
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i no this sounds stupid but how do you come out of a iva early?0
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You do a "Full and Final Settlement" You have to have another creditors meeting and give them a proposal of a lump sump to either accept or decline as final settlement. My IVA supervisor suggested it.0
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