What final checks are done on an IVA completion?

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di
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by di » Thu Jan 31, 2019 2:56 pm
Hi I am due to finish my IVA one more payment to go, do they do final checks on your account before issuing the certificate ?(nothing to hide just want to know whats going to happen).
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kallis3
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by kallis3 » Thu Jan 31, 2019 3:52 pm
You may have a final review but otherwise nothing to worry about.
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Foggy
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by Foggy » Thu Jan 31, 2019 4:22 pm
They will do a final annual review, looking more at income over the last 12 months, as expenditure going forward is a moot point. Then, many firms also go over the previous reviews to make sure nothing was missed --- dot the "i's" and cross the "t's". Then make final distribution to creditors and draw up accounts. When they are happy that all is in order they issue the completion certificate.
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