www.iva.co.uk

hello all
bin all while since i was on here but i need help again am due first year review in june and i just wondered what it all entailed??
iva has been brilliant for me and has trully worked so far and it has brought my fiances into straights but am a bit worried about the first year review

You will need to provide your IP with copies of your wageslips and a P6), together with details of your current income and expenditure and confirmation as to whether you have received any windfalls during the year.

Glad you are finding that the IVA is helping you to get back on track - and don't worry about the review - it is just as much for your benefit as anyone elses.

Nothing to worry about.

Prepare a new Income & Expenditure Statement and have ready the last 3 months bank statements (if requested) and the last 3 months wage slips.

Have you had any salary rises? This can be offset against increased costs.

Your IP will be in touch. Good luck.

thanks guys thats gr8 you both make it sound so easy and once again iva done me great!

Glad you are feeling so happy. It's good to see that an iva is not doom and gloom and if anything it helps lift the clouds away. From posts on here I have a good understanding now of the annual review so won't be worrying.

pauls whens your iva review and have you had a date and how do they get in touch?

I think it depends which company you are with.

I am with Payplan and they phoned us up about a month before it was due and did it over the phone.

Others will write and it can be any time around the review date that they get in touch.