Nearing the end of my IVA had a few variations over the years which has extendend the lenth of it but now have just 8 months and 1 review left. should i expect anything different in the final review?
Not unless your circumstances changed during the period of review they are looking at. Usually they are looking to check your net Income position hasn't increased. If it did you may be required to pay a bit back towards higher contributions from the date of the increase. Also any equity in your home is usually dealt with in the last year - I assume this is not applicable or has already been dealt with for you.
font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade>Originally posted by Lisa Thomas
Not unless your circumstances changed during the period of review they are looking at. Usually they are looking to check your net Income position hasn't increased. If it did you may be required to pay a bit back towards higher contributions from the date of the increase. Also any equity in your home is usually dealt with in the last year - I assume this is not applicable or has already been dealt with for you.
Yes equity has already been dealt with but both income and expenditure have reduced.
