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Posted: Sat Feb 05, 2011 12:28 pm
by mark.d
my iva ends in May every thing is up to date i was just wondering what happens at the end is there another review ? does any thing happen before the certicate of completion ? thanks in advance
Posted: Sat Feb 05, 2011 12:31 pm
by MelanieGiles
There will be a final review, to check whether you have received any additional monies during the final year which need to be paid over to creditors, and the final report will include a Certificate of Due Completion confirming that your IVA has successfully concluded. The IP has two months from the anniversary to file this report, unless the IVA has to be extended for any reason.
Posted: Sat Feb 05, 2011 12:50 pm
by mark.d
Thank you
Posted: Sat Feb 05, 2011 2:58 pm
by Broke of London
Congratulations. So close now!
Posted: Sat Feb 05, 2011 6:30 pm
by kallis3
Excellent news Mark - not long to go now!
Posted: Sat Feb 05, 2011 8:15 pm
by orange
what happens if the iva has been extended .ours was extended for equity .we complete in july .
Posted: Sat Feb 05, 2011 8:16 pm
by kallis3
What do you mean orange?
Posted: Sat Feb 05, 2011 8:23 pm
by orange
melaine said about the final check at the end of the iva and the report filing was within 2 months.she also said this happens unless there have been any changes to the iva .i want to know what happened if the iva has been extended
Posted: Sat Feb 05, 2011 8:28 pm
by Broke of London
I'm not sure tbh. I'd never considered that the extension might be treated differently from any other year. One of the experts will be along to tell us.
Posted: Sat Feb 05, 2011 8:28 pm
by kallis3
If it has only been extended in lieu of equity then you should just have your final check and it will terminate.
Posted: Sat Feb 05, 2011 8:31 pm
by orange
so do we still get the same report and closure within 2months?
Posted: Sat Feb 05, 2011 8:34 pm
by kallis3
You should do.