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debtfreewannabe
- Posts: 1
- Joined: Wed Oct 29, 2008 11:48 am
- Location: United Kingdom
Hi
Just wondered what actually happens with the yearly review?
What information would be required from me?
Thanks
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rayb
- Posts: 1288
- Joined: Wed Dec 12, 2007 11:15 am
- Location: United Kingdom
Post
by
rayb » Wed Oct 29, 2008 12:05 pm
Hi and Welcome,
It all depends on your IVA Company but normally it can be either Bank Statements, Wage Slips and completing a new Income and Expenditure Form
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emma_t
- Posts: 1833
- Joined: Sat Sep 01, 2007 3:32 pm
- Location: United Kingdom
Probably your latest P60 also maybe required.
All the yearly review is for is to re look at your income & expenditure and check your iva payment is still correct.
Obviously they will take into account any pay rises, but let them know and provide proof of the rises in your bills.
The yearly review does not automaticaly mean your iva payment will change, so don't worry too much,
Good luck
Be positive & look after yourself, there are more important things in life than debts....
Best Wishes
Emma x
