What happens at the end?

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Almost done now

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Post by Almost done now » Mon Mar 30, 2015 7:35 am
Hi All
My last payment is almost here, and being they way I am I like to know in advance any details.
So to all that have paid up (not F&F) what happened when your last payment was made, did who have any sort of final review?
Many thanks
 
 

Foggy

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Post by Foggy » Mon Mar 30, 2015 7:40 am
They usually ask for payslips etc and do a mini review to make sure no overtime etc was due in that final 12 months. Then the whole file will be checked for closure.
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 Mar 30, 2015 12:49 pm
Hi - Also check the terms of your IVA if you own a property as sometimes the equity is dealt with at the end of the IVA. Once everything has been sorted your IP should send you a completion certificate cofirming that your IVA has been concluded.
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
 
 

Almost done now

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Post by Almost done now » Mon Mar 30, 2015 1:08 pm
Thanks equity is dealt with its just final paper work they may ask for.
 
 

Lisa Thomas

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Post by Lisa Thomas » Mon Mar 30, 2015 1:16 pm
Just what Foggy has mentioned - other than that it is up to them to agree the creditor claims (if not already done), pay any o/s dividend due, call the final meeting and send you the completion certificate. Judging by the comments on this forum, some IP firms are quicker than others to do this so you may have to keep the pressure on...
Last edited by Lisa Thomas on Mon Mar 30, 2015 1:16 pm, edited 1 time in total.
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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