www.iva.co.uk

Hi all
Payplan are planning to have your own IVA online, meaning that with your own password you get to see how your iva is progressing. They have a similar process at the moment called justabank for debt management plans.
I asked the question through email and this is what they told me.This is going to make things a bit clearer when seeing how up to date or not your iva is doing.

P

Interesting to know Phil, as I am with Payplan and is it handy seeing whats what with Justabank.

That sounds a good idea - if things had been different I would have liked to have seen what was happening with my IVA.

I'm with Payplan for DMP and have access to Justabank.
It is good to see how much you have paid in. Also how much you have paid to each creditor and approx amount of what you still owe (not so good).
I must admit I feel positive by accessing this information. I have it all there in front of me and I try to work out my escape plan. Or should I say Debt Free Plan.

That's a really good idea. I keep track of what I pay via spreadsheet but have no idea where it goes to exactly!

Interesting....

I eep all my payments logged in a book with any overtime payments so I know exactly whats what at any given time.
I really don't understand how it can help with seeing how much you still owe though as technically in an iva you still owe the original balances until successful conclusion of the iva.

I think that some people will find this useful, but in my experience the vast majority of clients would probably not use this function on a regular basis, being happy to leave the running of their IVA to the IP and their team. But well done to Payplan for coming up with the option.