Does anyone know what information is required with Grant Thorton when doing an Annual Review. I was origioanlly with Thomas Charles but Grant Thorton have taken over my IVA. My review is due September so i want to get everything prepared in advance. Regards.
Not 100% sure but I think you will need your last three months payslips, plus a new I&E. Don't know if GT require bank statements or not.
I'm sure someone who is with them will be along soon.
Sharing from experiences of dealing with debt
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I did not have a review the first year with Grant Thornton. The following year they asked for 12 months wage slips and an I/E form. Any changes to income and expenditure had to be backed up with bank statements and /or receipts. I sent everything as I had quite a few changes, and they kept my payments the same.
Hi, we have just had our 2nd yr review with GT and we had to send our last 12 payslips and p60 and any evidence of increases in I&E, that is all they asked for. We had an increase in pay (but swallowed up by an increase in CSA payments) and our payments have remained the same also.
Hope this helps
shy bairns get nowt, the worst your IP can do is say no!
Strange how everyone seems to be treated different with GT, ive just completed my second year reveiw with them and all i needed to complete was the last 3 months pay slips and a form for monthly outgoings.
Thanks guys for that info, i have phoned them up about 3 times asking when i will receive my review paperwork but they are not very clear. Nevermind im sure i will get it soon. Thanks again! (",)
Thanks everyone i have had the forms through today and they require P60 and 12 months Pay slips which is fine.
I have a small problem in that i can't prove my utilites increase quite dramaticially over the year which means my IVA needs to be reduced by £80 a month. The estimates provided on utilites at the start of the IVA where very low. I have struggled the last year and when i spoke to someone at Wilson Phillips they said they didn't really want to have to arrange another creditors meeting so i left it and i have had to end up borrowing money from people to catch up with bills.
The only other problem is i can't prove this increase because i pay a set fee a month to my parents which covers the rent/rates/utilies etc
Please can someone advise how i prove these extra increased to Grant Thorton?
Usually you will need to provide details of your current expenditurem, with wageslips for the last three months and your annual P60. Some IPs will also ask for bank statements, and you may have to provide evidence of unusual expenditure or anything which has incraased materially.
If in doubt, give your new IP firm a call for absolute clarity.
