Failed IVA

[topgun_uk]

I have a failed IVA. It will be 6 years towards of end of year. Am I right in thinking this debt can be written due to the limitations act?
Thanks

[Loosehead]

Only if the lender has not acknowledged the debt for six years. So in all probability no.

[topgun_uk]

The lender has not made any contact with me but on my report it says failed IVA so do you think it will be written off?

[Loosehead]

more than likely will be sold on to a debt collector, they don't write things of easily.

[topgun_uk]

but i thought that if no one contacts you within 6 years of debt then they cant caome to you after that or thats what i read in the limitations act.

[lou 26]

http://www.debthelpuk.co.uk/cgi-bin/yabb/YaBB. cgi