Will I have to submit another final review ?

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emma239

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Post by emma239 » Fri Apr 21, 2017 11:57 pm
Having had a final review last year and with 6 months of payments left until my IVA finishes (the last payment is due in November 2017 ) I wanted clarification on whether or not my IVA company would carry out another final review and ask for all income and expenditure documents again. I would be most grateful if you cold clarify please as I have read other related posts but it still wasn’t clear to me, thank you.

benjiboo1

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Post by benjiboo1 » Sat Apr 22, 2017 6:14 am
Might depend on who you are with. I was with credit fix and they didn't ask me for one in the final year.
c wilson

Foggy

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Post by Foggy » Sat Apr 22, 2017 7:23 am
In theory they should do a final review, but with the emphasis on checking that last years income, to ensure that all income, overtime, bonus payments, etc. have been acounted for. Some seem to "rubber stamp" this review and others do it properly. Only your own IP can say which way they will go.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014

Lisa Thomas

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Post by Lisa Thomas » Mon Apr 24, 2017 8:28 am
They should do to ensure you haven't received a big pay rise/inheritance/bonus in the last 6 months that might have been due to be paid over.

Get your paperwork ready in advance to speed up the process.
I'm a licensed IP with 16+ yrs at Neville & Co covering the South West area. I have a YouTube channel with advisory videos on here: https://www.youtube.com/channel/UCMPTTu ... Z5k9ZcC2MA http://www.nevilleco.co.uk 01752 786800 Lisa@nevilleco.co.uk
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