www.iva.co.uk

are iva reviewed every year?if so will they change the payment every year?

Normally IVA's are reviewed each year, this means all income & expenditure is reviewed.
It dont mean to say your payments would increase as sometimes any wage increase could be offset by increased expenditure.

In my portfolio, we increase client payments each year in less than 5% of our cases. This is largely due to the fact that most people only get inflationary rises, and the cost of living has soared over the last 18 montbs.