Leaving IVA for a DRO - Questions

ExperHR

Hi All,

I have cancelled my IVA by letting it fail as I now qualify for a DRO.

The variation meeting to end my IVA agreement is on 25th January 21.

My questions are:

• How long after the variation will it take for my IVA to drop off the insolvency register

• When can creditors start contacting me once the variation has been agreed on 25th January 21 or when it drops off the insolvency register?

• Can I contact my creditors after the variation to get current figures?

• Can I apply for a DRO if I have my failure certificate, and my IVA is still showing on the register?

Many thanks,

Luton Student 

fatbelly

Did you get these questions answered?


The entry says for three months after termination

Creditors can contact you straight away

You can contact creditors at any time

Yes, because it will show as terminated