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Posted: Wed Jan 28, 2009 9:52 am
by shaunds
Hi
If you dont complete the annual review stating your income and expenditure could your IVA fail,
Kind Regards
Shaun
Kind Regards
Shaun
Posted: Wed Jan 28, 2009 10:21 am
by kallis3
Hi Shaun,
Is there any reason why you have not done a new I&E form?
Posted: Wed Jan 28, 2009 10:23 am
by Michael Peoples
Hi Shaun. It is non compliance and the IP will have no option but to fail the IVA and if required instigate bankruptcy proceedings. If you have a query with the annual review ring your IP firm and discuss it with them.
Posted: Wed Jan 28, 2009 10:56 am
by MelanieGiles
That would be a little harsh, but Michael is right technically. Your IP would have made you aware of the importance of this review prior to you agreeing to sign up in the first place, so will be left wondering why you are refusing to cooperate. If you could let us know your reasons for this we could probably help address your query a little better.