As you can see, we have just over 14 motnhs left in our IVA (13 months after Wednesday).
Anyways, I am sure that in the past i have seen some posts on here about having to do a review just as your IVA is coming to its end - or maybe I am imagining things. Our next (and final) annual review is due around December, but because we had an extension our IVA doesn't finish until next July.
Will we be expected to do another review in July?
We are with DFD (forgot to add at the beginning).
Its now time to start living and to make some some wonderful memories!
Read my blog at http://flow13.blogs.iva.co.uk/ 'Aiming for the finish line'
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
Sorry Flow as I didn't see your question.
There is a review at the end of the IVA to make sure all bonuses etc were paid. Depending on the modifications such as minimum dividend requirements it is possible the IVA could be extended but you would normally be aware of this in advance. Usually the IVA ceases after the last payment.
Hi Flow
Michael is spot on, once the final review takes place, generally the IVA ends unless there is specific modifications.
Let me know if you would like me to look into this for you.
Whats expected in the final review? is it a case of 5 years worth of bank statements and payslips to be produced or is it like a normal review with then the last 4 you have already had collated etc?
Cheers ears
Drew
)O(
IVA completion and certificate received 08/10/2012!!!
Not long to go now Flow! It'll be here before you know it.
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