Thanks Lesley. Looks like I need to make a list everytime a cheque goes in the bank so that I can explain to IP at the time of a review what it was for.
Sam x
F&F accepted 12/8/13 - Awaiting Completion Certificate
Thanks to everyone for your support. Could'nt have done it without you.
It depends on your IP. I don't send bank statements in at all.
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
I know it's not the same but I'm on a DMP and none of my creditors have ever asked for proof of anything! No wage slips P60's etc they just seem to take my word for it.
DFD ask for info once a year - the last 3 wageslips, a p60 and the last 3 months bank statements. Plus proof of anything that has increased by more than 10%. x
Its now time to start living and to make some some wonderful memories!
Read my blog at http://flow13.blogs.iva.co.uk/ 'Aiming for the finish line'
The end result is the same, your IP gets to see how much you have earned over a period of time and so can adjust your payments if necessary.
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
Each IP has to prepare a report to comply with their obligations as supervisor. Some feel they want to see bank statements whereas others do not. We are happy with wage slips, P60 and evidence of any additional expenditure or large increases in outgoings.
In some cases we require wage slips on a quarterly basis and in others we only need to see them at the annual review. This is because that is what the proposal and creditor modification demands so each case can be diffetent even with the same IP.
We actively encourage our clients to save whether it is their monthly allowances or their share of overtime and bonuses. If you have managed to save a couple of pounds on insurances or utilities, these savings are almost certainly absorbed elsewhere through extra food or fuel costs so not relevant at all.
