I looked into trying a few months ago, no chance. Most wouldn't even entertain going through the application. I'm doing the extra year but my creditors still wanted proof that I'd made an attempt so be prepared for that.

Just a quick question, as I've had to make additional payments for a further 12 mohts (72 in total) once I make my final payment and receive my completion letter will the defaults drop off immediately?

Maybe its just Lombard. I had a loan with them years ago and about 2 years after the loan had been paid they started demanding money from me, threatened legal action. After a few phone calls and letter they finally went away.

On the point Kelly O made regarding debts being sold, is that actually ethical? You enter into an arrangement with the courts to allow you to pay back, as best possible and yet your creditors are happy enough to take a lesser fee from an agency who's only interest is to make profit, is that right? I...

Excellent, thanks.

Hi Harpic. I can't wait. I had 12 months of debt management before the IVA so in total it's will have been 7 years. However a lot has changed in that time and I need pointing in the right direction. Call Credit and Equifax are new to me so many thanks. Will I have to pay these companies for me to st...

Firstly as a newby I'd like to say hi to all on the forum! I've just finished negotiating my variation and have agreed a final completion date of Jan 2013. I'm already thinking ahead regarding my credit rating but have no idea how I go about it. I've no doubt this has been posted a 1000 times (apolo...