What final checks are done on an IVA completion?

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di

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Post 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).

kallis3

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Post by kallis3 » Thu Jan 31, 2019 3:52 pm
You may have a final review but otherwise nothing to worry about.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk

Foggy

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Post 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.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
http://foggy.blogs.iva.co.uk
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