IVA ANNUAL REPORT

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flumpy dog

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Post by flumpy dog » Tue Jan 20, 2009 10:08 pm
hi guys hope alls well x
well its nearly onto beginning of month 2 for iva-yippee [:p]
when exactly do you get the annual report-is it on the anniversary of the iva acceptance ?
what exactly is in it-is it just like everythings paid up to date etc ?-quite interested.
 
 

lost

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Post by lost » Tue Jan 20, 2009 10:16 pm
everyone is different you will be required to fill in a new expenditure sheet to see if you can afford to pay more to the iva or if you are short a possible variation you will also have to give your p60 and wage slips for 3 months.if youe expenses go up more than 10% you will need to give evidence of it
 
 

kallis3

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Post by kallis3 » Tue Jan 20, 2009 10:45 pm
I think it's usually just before the date. You will be expected to provide payslips and P60 as lost says. Some IP's ask for three months, some ask for 12 months.

It's a new I&E sheet as well, and I believe Melanie likes you to state that you have not had any windfalls during the year.

Some IP's ask for bank statements as well, but I don't think she does.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
 
 

lost

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Post by lost » Tue Jan 20, 2009 10:53 pm
If you are spending quite a bit more on somethings that are listed on the I+E for example petrol i would keep reciepts
 
 

MelanieGiles

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Post by MelanieGiles » Wed Jan 21, 2009 12:49 am
Your annual report shows creditors how much you have paid in, whether there are any arrears, the fees which have been drawn to date, the position regarding creditor claims, and the monies which have been distributed to date.

You will receive a copy within two months from the date of your anniversary.
Regards, Melanie Giles, Insolvency Practitioner
 
 

flumpy dog

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Post by flumpy dog » Wed Jan 21, 2009 8:40 am
thankyou
 
 

kallis3

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Post by kallis3 » Wed Jan 21, 2009 9:29 am
Apologies Fergie, I didn't read your post properly! I thought you were asking what happened.

That'll teach me to read the posts properly!
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
 
 

flumpy dog

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Post by flumpy dog » Wed Jan 21, 2009 1:56 pm
aw kal you always help me hun x
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