IVA has been accepted as of 13/12/17 with Payplan.
I know I've only just been accepted but already I am stressing over my first review next year. I have googled endlessly and looked on this forum but I cant get a straight answer of exactly what I will need for the review? (Also keep asking Payplan but they keep ignoring or answering other questions and dodging that one)
Do I need 12 months payslips? If not, how many do I need?
Will I need to send bank statements?
Do I have to send a P60? If yes, it will be half from before I started my IVA, what if I got any bonuses months before my IVA even started but because it will throw my P60 off they will put up my payment when really it doesn't reflect that years earnings? (if I have explained that well enough)
Sorry for the questions but I am just feeling uncomfortable about sending in bank statements and also just need to know to keep my payslips aside if it is a years worth.
Try not to stress or over-think.
I'm with Payplan too and almost finished with a few payments to go.
I only needed my bank statements to hand but needed to send in 3 months worth of payslips and my current P60. Then every year, the review would be 3 months payslips and P60 when available sent in.
The reviews are over the phone and not that stressful at all. You can send payslips and p60 through by their online Payplan Plus facility once you have an account making it easier for them to see your documents rather than days waiting for the post.
I find that Payplan do leave you alone as long as you complete the reviews as soon as they request it but especially towards the end and don't really chase you for much.
Hope that helps.
Have 12 pouches in your box file - one for each month - add your payslips, receiots etc to them so you can easily produce evidence of anything asked - I particularly kept receipts for car repairs; house maintenance costs etc that were over the monthly allowances.
Who is onlineUsers browsing this forum: No registered users and 23 guests
Ask the IVA Experts a QuestionSimply complete form and you will get an answer from our IVA Experts (multiple replies within an hour *)
* Any use of this forum is conditional on you having read and agreed to our terms and conditions.
* If you enter your phone number, Vincent Bond and Co Ltd will give you a courtesy call to ensure that your question has been answered.
* The question will be posted on our forum, we will email you the location