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Posted: Tue Jan 20, 2015 8:04 pm
by markwebs
Well, after a long 5 years I've finally got there and my final payments have all been made. I've been informed that my IP will now prepare my file for completion and in due course I'll receive my completion certificate.

My question is a simple one to the IPs on here really:-

What does preparing the file actually mean? Should I be worried, can something turn up I wasnt expecting?

I have looked around but haven't actually seen this question answered anywhere.

Posted: Tue Jan 20, 2015 8:16 pm
by Foggy
Basically they go over the figures for the duration of the IVA to make sure that they haven't missed anything.

Sometimes things do turn up, but is you have made all payments as agreed and paid over the correct shares of overtime and all windfalls, there should be no problem.

Posted: Tue Jan 20, 2015 9:09 pm
by markwebs
So basically checking off a load of spreadsheets against creditors claims?

That sounds positive...thanks.