Do I still do a annual review at the end of the IVA?

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andy838

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Post by andy838 » Thu Sep 06, 2018 4:14 pm
Do I still do a annual review after my last year of iva has finished? Ie the end of 5th year

Foggy

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Post by Foggy » Thu Sep 06, 2018 4:31 pm
There should be a final review where they will concentrate on the income for those last 12 months (spending is now irrelevant, unless you are going into an equity release extension). They will also runa another eye over previous reviews, but you won't be involved in that.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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Lisa Thomas

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Post by Lisa Thomas » Fri Sep 07, 2018 8:19 am
Yes they should review the last year to check for any extras eg. overtime/bonuses etc that may have to be paid over into the IVA.
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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