I know that the IVA will drop off the register and credit files after 6 years. Is that the same for a 72 month IVA which could potentially be an 84 monther?
7 year IVA completed in December 2016 - there is light at the end of that tunnel
The IVA will drop off after six years regardless of whether it is a 6 year one or not.
I doubt an IVA would continue for 84 months.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
I used to have a 17 year duration IVA in my portfolio! No IVA can be extended past the term it was intended to run over, without the sanction of both debtor and creditors.
