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Posted: Tue Jan 25, 2011 9:22 am
by flow13
We are finally reaching an end to our iva - 6 payments left. YAY!
I was just wondering at what point do you normally receive the paperwork to carry out the final review? Do you receive this before the final payment or after?
Posted: Tue Jan 25, 2011 9:35 am
by kallis3
No idea I'm afraid - I would have thought it would be around the time of your last payment. The later it is, the longer you will have to wait for that magic piece of paper!
Posted: Tue Jan 25, 2011 9:41 am
by Michael Peoples
It can done very quickly and your IP should be in touch before the final payment. Everything can be checked except the final wage slip and once that is received the file should be then closed.
Many IVAs stipulate a maximum of a 63 month term to allow for final paperwork which is more than enough time.
Posted: Tue Jan 25, 2011 10:46 am
by flow13
Thanks Michael. Was just wondering what to expect.
Posted: Tue Jan 25, 2011 6:19 pm
by TheMatrix
I did my final review a week ago, I have 2 more payments to make and that should be the end.
