Can anyone shed light on how long it's going to take to complete ?

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Beth1978

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Post by Beth1978 » Thu Jan 21, 2016 4:27 pm
Hiya were due our last payment next month after doing this Iva for 7 long years @ 420 a month can anyone shed light on how long it's going to take to complete and how do we see our credit sore
 
 

kallis3

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Post by kallis3 » Thu Jan 21, 2016 4:44 pm
It is dependent on the company at the moment as some are taking longer than others.

You can check your credit score by using Noddle and Clearscore who are both free and Equifax which will cost you £2.
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Michael Peoples

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Post by Michael Peoples » Thu Jan 21, 2016 4:45 pm
You can get your credit file from experian, equifax or call credit for £2 and other sites do it for free. Completion is a different matter as some firms are quicker than others. You need to ask your IP but given that you have paid for seven years I would hope they would prioritise the closure.

Enjoy that extra cash.
Michael Peoples | McCambridge Duffy Insolvency Practitioners
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If you would like to talk to me about proposing an IVA or have any questions at all please visit www.mccambridgeduffy.com
 
 

Beth1978

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Post by Beth1978 » Thu Jan 21, 2016 4:56 pm
Thank you we can live in hope there quick I checked my credit score today
 
 

Beth1978

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Post by Beth1978 » Thu Jan 21, 2016 4:57 pm
I also rang them today they said 6 months might be sooner I don't rate them much
 
 

Lisa Thomas

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Post by Lisa Thomas » Fri Jan 22, 2016 9:35 am
I understand 6 months is the maximum they can take to close (without a justified reason for the delay) before a complaint can be upheld.

Some firms are quicker than others. Keep the pressure on them to close quickly.
I'm a licensed IP with 16+ yrs at Neville & Co covering the South West area. I have a YouTube channel with advisory videos on here: https://www.youtube.com/channel/UCMPTTu ... Z5k9ZcC2MA http://www.nevilleco.co.uk 01752 786800 Lisa@nevilleco.co.uk
 
 

Beth1978

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Post by Beth1978 » Fri Jan 22, 2016 9:37 am
Thank you I'll be on there case once the last payment has gone nxt month there not very friendly or clear on what they tell you
 
 

Lisa Thomas

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Post by Lisa Thomas » Fri Jan 22, 2016 12:00 pm
You're welcome. Hopefully the worst case scenario is August. Keep the pressure on them.
I'm a licensed IP with 16+ yrs at Neville & Co covering the South West area. I have a YouTube channel with advisory videos on here: https://www.youtube.com/channel/UCMPTTu ... Z5k9ZcC2MA http://www.nevilleco.co.uk 01752 786800 Lisa@nevilleco.co.uk
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