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Posted: Mon Jun 14, 2010 10:35 am
by flow13
As you can see, we have just over 14 motnhs left in our IVA (13 months after Wednesday).
Anyways, I am sure that in the past i have seen some posts on here about having to do a review just as your IVA is coming to its end - or maybe I am imagining things. Our next (and final) annual review is due around December, but because we had an extension our IVA doesn't finish until next July.
Will we be expected to do another review in July?
We are with DFD (forgot to add at the beginning).
Posted: Mon Jun 14, 2010 11:16 am
by MelanieGiles
Yes - you should have a review in July as normal.
Posted: Mon Jun 14, 2010 11:48 am
by flow13
Thanks Melanie, It was just to know what to expect.
I was looking forward to saying our last review was december but never mind. x
Posted: Mon Jun 14, 2010 1:05 pm
by Declan at DebtFreeDirect
Hi Flow
Melanie is correct, you will have a review in July.
Thanks
Posted: Mon Jun 14, 2010 3:53 pm
by Shining
It won't be long for you now though Flow. x
Posted: Mon Jun 14, 2010 6:47 pm
by kallis3
Good luck with the review flow.
Posted: Tue Jun 15, 2010 9:32 am
by flow13
aww Thanks. We are so looking forward to finishing.
When a review takes place at the end of an IVA is there a chance that we might have to pay anymore?
Posted: Tue Jun 15, 2010 3:04 pm
by flow13
Anyone??
Posted: Tue Jun 15, 2010 3:30 pm
by Michael Peoples
Sorry Flow as I didn't see your question.
There is a review at the end of the IVA to make sure all bonuses etc were paid. Depending on the modifications such as minimum dividend requirements it is possible the IVA could be extended but you would normally be aware of this in advance. Usually the IVA ceases after the last payment.
Posted: Tue Jun 15, 2010 4:03 pm
by Declan at DebtFreeDirect
Hi Flow
Michael is spot on, once the final review takes place, generally the IVA ends unless there is specific modifications.
Let me know if you would like me to look into this for you.
Thanks
Posted: Tue Jun 15, 2010 4:16 pm
by artemischild
Whats expected in the final review? is it a case of 5 years worth of bank statements and payslips to be produced or is it like a normal review with then the last 4 you have already had collated etc?
Cheers ears
Drew
)O(
Posted: Tue Jun 15, 2010 4:20 pm
by Declan at DebtFreeDirect
Hi Drew
Its the same as a normal review.
Cheers
Posted: Tue Jun 15, 2010 4:21 pm
by artemischild
Thanks Declan
I think this forum has made me obsessed with my IVA lol! cant stop thinking about when it ends!!
Drew
)O(
Posted: Tue Jun 15, 2010 4:28 pm
by kallis3
Not long to go now Flow! It'll be here before you know it.
Posted: Wed Jun 16, 2010 9:24 am
by flow13
Declan at DebtFreeDirect wrote:
Hi Flow
Let me know if you would like me to look into this for you.
Thanks
Yes please. Should I email you the details or do you have them from the last query? Sorry I am a pest.