Paid off IVA early

in IVA & DRO
5 replies 72 views
Jools0506Jools0506 Forumite
3 Posts
First Post
MoneySaving Newbie
hi all, going back several years I got into some financial trouble and entered into a IVA, I was paying the monthly charge every month with no payments missed, I then had some inheritance from my late mother and paid off the IVA early, I was told that I would receive a certificate of completion, this was last April and I still haven't heard anything from them, I did send them a email going back last year but just had a email back saying it takes time to sort out, should I have received this by now and is there anything I can do.
TIA

Replies

  • sammyjammysammyjammy Forumite
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    have you checked the insolvency register?
    "You've been reading SOS when it's just your clock reading 5:05 "
  • MrFrugalFeverMrFrugalFever Forumite
    324 Posts
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    It should take no longer than 6 months, as it has been longer than that you have grounds to log a formal complaint to the Insolvency Practitioner. 
    As above, do check the insolvency register and all of your Credit Reports (Transunion / Equifax / Experian) for 'Discharged / Settled / Closed' etc on the public record section.
    Current Debt - JAN 22 - £5,393.60 remaining
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  • Jools0506Jools0506 Forumite
    3 Posts
    First Post
    MoneySaving Newbie
    have you checked the insolvency register?
    Hi, yes I have just checked that and it still shows as cuurrent
  • Jools0506Jools0506 Forumite
    3 Posts
    First Post
    MoneySaving Newbie
    It should take no longer than 6 months, as it has been longer than that you have grounds to log a formal complaint to the Insolvency Practitioner. 
    As above, do check the insolvency register and all of your Credit Reports (Transunion / Equifax / Experian) for 'Discharged / Settled / Closed' etc on the public record section.
    Thank you for your help, I have just checked the insolvency register and and the credit reports and they all say its still current, so I have sent a formal complaint to Creditfix, lets see what happens 
  • MrFrugalFeverMrFrugalFever Forumite
    324 Posts
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    Jools0506 said:
    It should take no longer than 6 months, as it has been longer than that you have grounds to log a formal complaint to the Insolvency Practitioner. 
    As above, do check the insolvency register and all of your Credit Reports (Transunion / Equifax / Experian) for 'Discharged / Settled / Closed' etc on the public record section.
    Thank you for your help, I have just checked the insolvency register and and the credit reports and they all say its still current, so I have sent a formal complaint to Creditfix, lets see what happens 
    Make sure you have all relevant evidence (emails / bank transaction of paying f&f settlement) documents etc. Good luck, you are doing the right thing it shouldn't take any longer than 6 months.
    Current Debt - JAN 22 - £5,393.60 remaining
    DFW BY MARCH 2022 LATEST
    New for 2022 - LISA savings challenge £4,000 by March 2023 - Starting April 2022
    Nectar savings challenge for 2022 - £50 (for Xmas shop)
    Cashback from cashback card saving challenge this year - £50 - Save the cashback and transfer to HTB ISA
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