Failed IVA

[Supergrover]

Re: Failed IVA

Great, thanks so much for your help, I shall just keep ignoring any further letters then, they must just be trying to get a bite.

[Never-In-Doubt]

Re: Failed IVA

Great news, my equifax and experian credit reports are all clear, only current information. No missed/late payments, nothing negative at all. Still no reply from noddle though, not even an acknowledgment of my email to them.

Noddle is a secondary CRA - few credit firms solely rely on their searches (if any) (ie call credit)!

Your experian and equifax matter most - if they're clear then great! Nobody will ever ask for a copy of your noddle report, they'll accept a copy of either Ex or Eq though

[Supergrover]

Re: Failed IVA

Great news, my equifax and experian credit reports are all clear, only current information. No missed/late payments, nothing negative at all. Still no reply from noddle though, not even an acknowledgment of my email to them.

[Pixie]

Re: Failed IVA

I would wait a while longer yet.

[Supergrover]

Re: Failed IVA

Equifax is clear, I have contacted noddle by email to remove default after their first response but haven't heard anything back yet. How long should I give them to respond?

[Supergrover]

Re: Failed IVA

Sorry for the late response, I was driving all day yesterday. Thank you for all of your help. I will contact noddle as you suggest re default. And apply for the rest of my credit reports. Are noddle and callcredit the same, Or should I just do both?

I have heard back from noddle, here is what they had to say


I'm emailing regarding the dispute you recently raised, against some information appearing on your credit file which you would like to be removed
All financial accounts, CCJs and insolvencies remain on credit files for six years.Accounts remain for six years from the date that they have been settled and closed (or, if the account has fallen into default, six years from the date of the default). CCJs and insolvencies remain for six years from the start date.
The reason that this information remains on your file is to provide lenders searching your file with a clear understanding of how you have managed your financial commitments in the past. This helps them to lend both legally and responsibly which is crucial in the current financial climate – both for individuals and lenders.
Please be reassured that the information in question will be removed from your file automatically after the six year period has passed so there is no need to contact us at that time. It's worth noting though that your Noddle credit report refreshes every 30 days so it may be up to a month before you see the change reflected in the report you see.
I hope that I've clearly explained to you the reason this information will not be removed from your credit file, but if you have any questions please do feel free to get back in touch with us on dispute@noddle.co.uk.

[Never-In-Doubt]

Re: Failed IVA

The letters are from drysden fairfax, for 2 separate accounts, they do not state who they are writing on behalf of, just their ref no. An amount and "call now for a huge discount".

Ok, based on the last payment made in 2009 I suspect these are duplicate default entries so the only way to get rid of them is to register with Experian & Equifax and then pay £2 for your statutory report. From there raise a dispute against the entries in question and add something such as:

"This account does not mean anything to me, I have never had any dealings with the firm who registered the default nor do I have any outstanding debts. From memory I was in an IVA which ended in 2009 and I recall all accounts being defaulted at that time. Therefore, being this alleged account suddenly appeared +2 years after the IVA tells you it is an incorrect entry because as you know, a Default would have been registered at the time I went onto the IVA if not earlier. The point is, I had no debts from 2011 - the date in which the default was added. As I do not have the foggiest who the firm is please have them remove the entry in line with your obligations when notified of incorrect and duplicated false entries. I must remind you the the provisions of the recent Foster-Burnell v Lloyds case will come into play if this erroneous entry is not removed forthwith. I also expect you to remind the firm of their obligations within the Principles for the Reporting of Arrears, Arrangements and Defaults at Credit Reference Agencies."

Supergrover - For your info (don't send this with the dispute above) - the case I refer to is here --> http://www.theguardian.com/money/201...rdraft-charges

Hopefully they'll then remove the entries or at least get in touch with whoever added it - don't worry as the debts should be SB so if necessary we can argue direct with them later but for now try the dispute approach with the CRA first - if they refuse or say 'go direct and dispute it with the firm' - just let me know and don't respond.

You can sign up for your CRA's here --> http://forums.all-about-debt.co.uk/s...wfull=1#post75

The DN says acc start date 2004 Default date 01/2011 this is with tti spc, whom I've never heard of. And has an acc no. Of 00000000. I def had made no payments to them. It shows as a default every month since 2011.

See above - for now, don't contact the firm direct.

this is also the only negative on my CF, I'm waiting on my experian report to see if there is anything different. Last time I looked was in 2010 and think this was on my credit file under a different company.

Again, if the entry shows then dispute it as above - if not then great.

I'm now concerned too about the others adding back to my CF and totally destroying it. I thought I had been doing a reasonable job of rebuilding in order to eventually get a mortgage.

Don't worry - one step at a time, first you need all 3 credit reports - there is Experian, Equifax & Call Credit - get the £2 statutory version asap and then let me know.

Good luck.

[Supergrover]

Re: Failed IVA

Thanks Niddy, I'm obviously not in a huge rush now you have eased my mind. Take your time

[Never-In-Doubt]

Re: Failed IVA

I've explained SB. The failure of the IVA is irrelevant in that purpose.

Ill reply later. Just a tad busy right now.

[Supergrover]

Re: Failed IVA

Thank you, I'll await a response from Niddy.

Have seen so many different things online, I really thought SB timer would start from when DFD made last payment to creditors or advised of IVA failure. Which I have no idea when as they just ignored me.

[Pixie]

Re: Failed IVA

I don't think you have anything to worry about. Your debts are SB as it's more than 6 years since you made the last payment into your IVA. Even though debts are SB the dcas can still attempt to collect on them but they can't enforce in court.

Wait until Niddy replies but I think you'll be able to contact the CRA to have the default from tti spc removed if it's a duplicate of an earlier default. The tti spc website gives very little information other than saying that they were established in 2008 and specialise in UK debt purchase.

[Supergrover]

Re: Failed IVA

The letters are from drysden fairfax, for 2 separate accounts, they do not state who they are writing on behalf of, just their ref no. An amount and "call now for a huge discount".

The DN says acc start date 2004 Default date 01/2011 this is with tti spc, whom I've never heard of. And has an acc no. Of 00000000. I def had made no payments to them. It shows as a default every month since 2011.
this is also the only negative on my CF, I'm waiting on my experian report to see if there is anything different. Last time I looked was in 2010 and think this was on my credit file under a different company.

I'm now concerned too about the others adding back to my CF and totally destroying it. I thought I had been doing a reasonable job of rebuilding in order to eventually get a mortgage.

[Never-In-Doubt]

Re: Failed IVA

Hi - ok, can you clarify who is chasing you (the DCA's name). It may be SB - it may not but don't worry too much about that right now as they're just chasing you for payment.

Regards the DN entry at the CRA - again, who added it (DCA name) and what date does it read as default date (date added)?

Is the default entry a duplicate, ie was there previously one added for the same account by the creditor or the DCA who took over when you went on the IVA? If so, this would be an unlawful duplicate.

Is it just one account & one default entry or several?

More info needed please

[Supergrover]

Re: Failed IVA

Thank you for all of your help earlier, I think I may have not filled in the registration form properly. The last payment I made into the IVA was no later than April 2009, and communication ceased I think from the latest of April 2010 however that could have been earlier. Getting a statement or any information from them was like getting blood from a stone, I just gave up in the end. The only payments I have made since then are on my accounts that are actively used now.

Also can I get the defaults taken off my credit report? These look to have been added I think by a company that has bought the debt from whomever several years after my IVA failed and then added it to my CR without contacting me for any payment?

[Never-In-Doubt]

Re: Failed IVA

Hi - glad you got registration etc sorted. It was me you were emailing earlier

Your debts become SB around a month after the last payment / first missed *contractual* payment +6 years.

So so in your case, it's not so much when the IVA failed (that's irrelevant) but more the last payment you paid into the IVA. What date did you last pay into it and / or communicate with the IVA company (approximately)?

Regardless, i'd not respond to anyone. Silence is probably best right now..... (Will clarify after you've replied).