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Posted: Mon Jul 25, 2016 6:27 am
by cherry545
Hi my IVA Is due to finish in March 2017. Can someone advise what happens at the end? Do I have to submit I&e, payslips etc.
thanks
Posted: Mon Jul 25, 2016 8:00 am
by kallis3
Hi,
It depends on your company as to what happens - some do a review but others don't
Once you have made your final payment then you just have to wait for your completion letter. Your company should tell you to cancel your DD after that payment.
Posted: Mon Jul 25, 2016 9:44 am
by Lisa Thomas
Usually your IP would chck you last year's worth of income to see whether you have any further funds to pay over in respect of bonuses or overtime etc. They may ask to you sign an assignment document in respect of any PPI claims, if this has not been dealt with.
Once you get your CC and come off the register you can begin to tidy up your credit record assuming 6 years has passed since your IVA started.