www.iva.co.uk

Hi all

Just checked my credit report thinking it will be nice and shiny looking and now I have under 'open accounts' a default march 2013 by

Pco Holdco S.A.R.L - Gt Iva Watch
£ 1,350
01/01/2013 Default

I relieved a letter a while back about something being transferred to this group but was told to ignore it as my iva had come to an end!!

What is it? Anyone else had this? And how do I get it removed??

Best wishes
Arty

I understand that PCO Holdco buy debts off the banks, most of mine have been sold on now..

Thanks, however this is a debt that didn't exist as it was sold on two months following the completion of my iva!

I've ended April 2012, completion certificate received October 2012, debt sold December 2012 default registered march 2013!!!

Think I'll have to hunt them down tomorrow!!!

Any debt within the IVA should not be recorded with a default after the start date of the IVA. There are template letters available that you can send to this Company to request this is removed.

Hi Geordie

I've had all of the, removed over the last 4 ,months (after a few rows and fighting!!!!) march should have been the first month everything should have been removed and now I have this new default, from a company I've had nothing to do with!!!

I've found a contact name now at GT who sits on this division.......so let the harassment commence [:D]

Arty

font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade>Originally posted by Geordie

Any debt within the IVA should not be recorded with a default after the start date of the IVA. There are template letters available that you can send to this Company to request this is removed.

Good Luck Arty, just when you think your on the downward slide, something else pops up, grrr, fingers crossed it's been a mistake and one that will be rectified quickly. xxx

Hi

It is wrong how companies can just place a default on your file after a debt has been settled.
Go back to the CRA and ask them to contact creditor and have it removed on the grounds that the debt was settled under an IVA

Regards

Hi all[:I]

Following several long battles with capital one (still on going) and MBNA clearing up file after receiving my completion last October I thought I was finally out of the woods and it would be plane sailing….until I got this lol!!

Anywhoodle after preparing myself this morning for round 12 it actually turned out to be sorted pretty simply with the help from Sandra Deane from GT[:o)]

Its happened to a few people who had Egg credit cards included in their IVA’s which was then bought by Barclays who then sold all of them to the holdings company, however the accounts went over with no information so anyone who was this situation may still have a ‘live’ account with them as I did as it wasn’t noted that during the transfer (which took 3 months) someone of the peoples debts would be removed due to IVA completion!!

Since speaking with Sandra this morning at 9am she has already had it removed, raised queries with other CRA’s to have it removed and confirmations sent to me by 10:30!!

So all in all quite a productive morning……now just to continue the fight with Capital one!!!![:(!][:(!][:(!]

Hope your all well
Arty

PS- Orchid-im amazed your still being dragged along by DFD, really hope you get it sorted soon!!
[xx(]

PPS- totally agree Andy, iasked them what right they felt they had to make no contact with me, to not query it and just default!!

Im just glad i wasnt in the process of arranging a mortage etc

Have a read of http://www.ico.gov.uk/~/media/documents ... 20doc.ashx - sections 52,53 and 54

If the debt purchaser agrees to take control of the CRA records, the customer should be informed that the debt has been sold or assigned and to whom, they should then ensure the CRA is kept upto date.

The CRA should be changed to show the name of the debt purchaser and that the rights to that debt have been sold. The purchaser then has to make sure that the record is upto date - This does not affect how long the default is kept and it should be removed six years after the original default.

Opps forgot the most important bit..... They cannot default again