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6th annual review

Posted: Mon Sep 25, 2023 7:45 am
by Coline81
Hi I’m with PayPlan and will be making what should have been my final IVA payment at the end of this month however due to me having 5 payment breaks I will continue to make payments until the end of March 2024. Today I received an email to advise that I had another annual review to complete, is this normal given that I only have 5 payments remaining??


Re: 6th annual review

Posted: Mon Sep 25, 2023 11:11 am
by Breezy
Contractually you and the IP are bound to carry out a review on each anniversary of the IVA until completion, so, yes, you should have this review, possibly along with another in 5 months in readiness for closure.

Not long now :)