hi, am in the process of applying for an iva,

[albatross2]

hi, am in the process of applying for an iva, am worried about my bank statements, how much scrutiny do they come under?also was told to provide info on all debts some of these accounts i dont get monthly statements for can i just give th card number and amount outstanding?

[Adam Davies]

Hi
Your IP will need to verify balances so latest statements or communications are the easiest way to do this. Your IP will also need to check statements to check that your expenditurte on main expenses is accurate and that there are no unusual transactions
Regards

[Darkdog]

Hi Albatross2,
Just be completely open with your IP because you are entering into a long term partnership and no one will want any surprises if you want the IVA to work and be affordable. Your IP will be there to help you with your initial proposal and through out its duration and therefore will need all of your details to do this. You could always contact creditors for a settlement figure if you have no current statements etc.

[kallis3]

I have never yet had to provide a bank statement.

I thnk it all depends on your IP.

[MelanieGiles]

What is worrying you about having to produce your bank statements, Albatross2?

[Darkdog]

I sent all mine to Melanie's team although not asked for, it just has all the little things on like sky payment, car insurance etc and confirms what goes in and out. I even sent pass port scans (so Melanie knows how handsome I really am ) I felt the more info the better in assessing the situation.

[MelanieGiles]

Yes - you are definately Mr January in the office calendar Darkdog!!!

[Shining]

Oh I say Darkdog! I wonder who Mr Feb etc. is?

Seriously if bank statements were requested I'd send them without a thought, however, my IP doesn't require them.

[Darkdog]

LOL you must have a very dark office, that passport photo OMG, does anyone ever have a good one?

[MelanieGiles]

I've been told more than once that I look like Myra Hindley on mine!

[kallis3]

Oh Mel! That's not a good comparison! I'm sure that's not true.

I never take a good photograph and my passport one is terrible.