Hi, I believe the deadline for the annual review is 2 months after the anniversary of your IVA so, if for example, your IVA was approved on 1st January your review would have to be completed by 1st March. If you have made 12 payments I would expect the review documents to be issued any day now.
Did you go through them directly or were you transferred from another company?
IVA started March 2011, Completed March 2016 and certificate issued 11 days after final payment. It was not always easy but then some of the best decisions aren't.
They are behind with a lot of us in the same situation.
IVA started March 2011, Completed March 2016 and certificate issued 11 days after final payment. It was not always easy but then some of the best decisions aren't.
I would give them a call or email, and ask for the income/expenditure template that you can complete. I would then get it done and sent in to them.
I would not however send in any bank statements or payslips etc.
Although you have not heard from them and they do get paid for carrying out these reviews 'regularly', it's also down to you to provide these detail every year, so better to get it done rather than not.
Started IVA 27th Feb 2012 - Due to complete 27th Jan 2018 !!
Full & Final submitted and accepted 30th March 2015, paid 10th April 2015 - 3 yrs 1 month into IVA
Completion Certificate received- 30th April 2015!!
I had annual report before review! review was over 2 months late when I was asked to fill in I&E I Sent it off 2 weeks ago and am still awaiting a response
The annual review should be done within two months of the anniversary or the regulators may have something to say if they come across the file in an inspection.
For a lot of us they have sent out the annual report without having undertaking the review (and have ticked the box to say that no review has been done).
From what I can see money isnt being passed to creditor either at this stage.
IVA started March 2011, Completed March 2016 and certificate issued 11 days after final payment. It was not always easy but then some of the best decisions aren't.
The review also states that it is protocol compliant so I will be holding them to s10(11) of the 2008 protocol if they decide that there has been an increase in income (can only be increased from the month after the review).
Strangely PJG always stated with immediate effect after a review.
IVA started March 2011, Completed March 2016 and certificate issued 11 days after final payment. It was not always easy but then some of the best decisions aren't.
I just want to know what is happening
what if they increase my payments is that increase backdated? if they decrease is that backdated? I have made 3 payments since the date of anniversary including an uplift