Page 1 of 1
Posted: Wed Oct 29, 2008 11:49 am
by debtfreewannabe
Hi
Just wondered what actually happens with the yearly review?
What information would be required from me?
Thanks
Posted: Wed Oct 29, 2008 12:05 pm
by rayb
Hi and Welcome,
It all depends on your IVA Company but normally it can be either Bank Statements, Wage Slips and completing a new Income and Expenditure Form
Posted: Wed Oct 29, 2008 12:15 pm
by emma_t
Probably your latest P60 also maybe required.
All the yearly review is for is to re look at your income & expenditure and check your iva payment is still correct.
Obviously they will take into account any pay rises, but let them know and provide proof of the rises in your bills.
The yearly review does not automaticaly mean your iva payment will change, so don't worry too much,
Good luck