What happens in the last month of the IVA?

[sammysmith]

Dear experienced IVA people and completers,

I was wondering what happens in the last month of the IVA and the closing procedures for the IVA. Are there any final meetings? Do I have to submit a load of paperwork? When will the completion certificate rock up on my door mat? What happens when I make my final payment in July? I am excited, but clueless.

*N.B the champagne I was given five years ago for my 28th birthday present was saved for completion day!

[Foggy]

Just before the last payment -- check with your IP that you can stop the DD or SO after the last one has gone out ( confirm the date), There will be a final review .. mainly concerned with the last years income, to make sure no overtime or extra payments have been missed. CC is issued within a couple of months for most firms, although some do take a little longer.

[Lisa Thomas]

You might have to put the champagne on ice for up to 6 months before you get your CC. Keep the pressure on your IP to get it closed quickly.

Best of luck and well done on reaching the last payment!

[Lisa Thomas]

Once you have your CC you might find this quick video I made about cleaning up your credit record useful:

https://www.youtube.com/watch?v=PV4RzUY4BRM

Noddle and Clearscore are also free credit agencies to consider using:

https://www.noddle.co.uk/
https://www.clearscore.com/

[sammysmith]

Squee! Thanks Lisa!

[Lisa Thomas]

You're welcome. I hope they close it quickly for you.