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iva

hi has anyone finished an iva what happens after 5years

Comments

  • In what respect...? Property, paymetns...? Anything else...?
    Hi - im a member of the Debt Help UK FORUM...
  • im69
    im69 Posts: 51 Forumite
    About a month or so before the last payment was due, i received a letter from the IP to let me know my IVA was about to finish. When my last payment left my bank account, i cancelled the standing order. That was February '04, and then in May '04 i then received a Notice of Completion report to my creditors along with a Certificate of Due Completion.

    A note on the letter said;
    This now satisfactorily concludes my administration of your IVA.

    That was it heard nothing after that. It normally takes another year before you can apply for credit again.
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