That is great and thank you all for the information and correcting me. That document link of Foggy's is really useful.

Thank you Lisa. So at 6 years all defaults involved in the IVA should be gone. Is this a requirement under law or regulations? I have two debts in the IVA that were sold on and have more recent dates for the start of the default. Does it mean these will take longer to hit the 6 years or does the dat...

Thank you Foggy. So there is nothing special that needs to be set on the closed accounts as someone will come in and remove the IVA default and all closed accounts automatically? So even though an account shows defaulted up to say 3 years before the six year anniversary of the IVA it will still be d...

I'm sorry to raise this again. I have managed to get all my old accounts involved in the IVA to show settled or satisfied at the end date of the IVA. This is through rounds of letters and the Financial Ombudsman intervention. I dont have any accounts that show a status other than default for the pay...

March 2020. I think I had misunderstood this and it is dawning on me that the defaults will show in history from the start of the IVA until 6 years is up. Is this correct?

I'm in contact with CF and they are being very helpful. It looks like the final dividend amount for a particular debt was lost in the system and it is being tracked down. Yes I did a F&F in January 2016. Still got 3.5 years before these will disappear so I want to get them showing as closed and part...

I dont know how I managed to post as a new member as I logged in first. Sorry about that. I am the poster of the original question.

Completion certificate received in January and off the register. The problem is at least one of my past debts has not been paid yet from the completion so they are not going to update my record and close the accounts. The accounts are still showing as current and in default two and a half years afte...

Thank you Michael.

It sounds that any increase in income would all go to the IVA and the 10% 50:50 rule would not apply. Is that the case?

If I were to have a much larger income (hypothetical) I would be paying additional money into my IVA using the 10/45/45 rule.

Would this then make it less likely for a full and final to be accepted or should it not make any difference?

For those of us who have not agreed to a change to our IVA contract by CF, I wonder what the outcome could be. Would they be instructed to reverse the variation or would it be declared null and void or just left as it is. What normally happens in these situations?

In my agreement I have standard conditions. Part ix Meetings of Creditors, appears to say that the supervisor has a right to call a meeting with creditors and propose amendments in accordance with the Act and the Rules. The Rules 1986 (amended) state that the debtor needs to give permission when dra...

All my resolutions were passed by 100 percent of votes except the ppi one. Except not all creditors were invited to vote, so null and void. Also CF did not have my permission to hold the variation. So still null and void. So angry we are treated this way.

I too have received a letter notifying me of the variation meeting that I did not agree to. Also our Ltd company who is one of the creditors, was not invited to the meeting.