6th annual review

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Coline81

Posts: 52
Joined: Tue Oct 24, 2017 12:51 pm

Post by Coline81 » Mon Sep 25, 2023 7:45 am
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??

Thanks

Breezy

User avatar
Posts: 195
Joined: Thu Jun 24, 2021 10:04 am

Post by Breezy » Mon Sep 25, 2023 11:11 am
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 :)
I am not qualified to give advice and can only state my opinions, based on my IVA experiences.
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