www.iva.co.uk

Hi,

Am just reading about people trying to get mortgages etc post IVA. There is a footnote on the Insolvency register stating "Individual Voluntary Arrangements will remain visible while they are Current, and for a period of 3 months after the receipt of notice of the revocation order, full implementation or termination of the agreement". Does this mean that if applying for a mortgage of possibly even a job that a person could still be regected as the IVA is still active?. Only asking from personal experience as my husband was refused a job because he is on the register. So really if the IVA concludes in the six year timeframe it is really going to be six years and three months until the whole episode can be put behind us.

Hi Charlie. You drop ff the Register three months after the issue of the completion certificate. So, in an ideal world, you will make your last payment at month 60 ... get the certificate by month 66 (assuming the usual 6 month admin period)... be off the Register by month 69 ... in time for the credit reference files to clear, as expected, at month 72

Thanks for clarifying that Foggy. It has put my mind at rest.