Is an IVA public record?
Quick Answer: Yes, your IVA is recorded on the Individual Insolvency Register, which is publicly accessible.
When you enter an IVA, your details are recorded on the Individual Insolvency Register (IIR). This is a public database maintained by the Insolvency Service and is searchable online.
The register includes your name, address, date of birth, and details of the IVA including the start date and the name of your Insolvency Practitioner.
In practice, very few people actively check the Insolvency Register. It's primarily used by credit agencies and financial institutions as part of their checks.
Your IVA will also appear on your credit file, which is checked when you apply for credit, mortgages, or certain services. This record lasts for 6 years from the start of the IVA.
Unlike bankruptcy, which may be published in local newspapers or The London Gazette, an IVA typically has a lower public profile. Most people go through their entire IVA without anyone outside their immediate household being aware of it.
* This information is for general guidance only and does not constitute financial advice.