Annual Review -6 weeks late already

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Steve.1

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Post by Steve.1 » Tue Oct 29, 2013 9:26 am
Hi,

My annual review is usually mid september. I have submitted all my paperwork, although this was requested 3 weeks late, after reminders by myself, & I've not heard anything since - other than an email stating it would be complete by mid October & unless I heard otherwise payments would remain the same.

I've not heard anything since. Do I need to be concerned?
 
 

Fletch2204

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Post by Fletch2204 » Tue Oct 29, 2013 10:18 am
Hi Steve, I don't think that you need to be concerend. My reviews usually take around 6 weeks to complete.I do suggest, however, that you ring the IP for an update. Did you get an acknowledgeent when you submitted your paperwork? Fletch
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Fletch2204

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Post by Fletch2204 » Tue Oct 29, 2013 10:20 am
Hi Steve, apologies I missed the part in your post when you said that you got an acknowledgement by email. Ring them for an update today. Fletch
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MelanieGiles

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Post by MelanieGiles » Wed Oct 30, 2013 1:44 am
What is the anniversary date of you entering into your IVA, Steve?
Regards, Melanie Giles, Insolvency Practitioner
 
 

Steve.1

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Post by Steve.1 » Wed Oct 30, 2013 11:40 am
Hi Melanie,

My annual review date is actually mid-sept, not when I should be supply my evidence for review. So, the review with the creditors themselves is 6 weeks late - through no fault of my own.
 
 

geoffr

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Post by geoffr » Wed Oct 30, 2013 3:10 pm
Im in the same boat. Not sure who you are with but im with GT...
 
 

Steve.1

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Post by Steve.1 » Wed Oct 30, 2013 7:25 pm
Not with them no, I never like to name & shame on here - but they are not great I have to say!

Clearly my official annual review date is missed - I just want to be sure I can't be penalised as it has had notning to do with me, but everything to do with the firm taking a chunk of my payments!
 
 

MelanieGiles

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Post by MelanieGiles » Wed Oct 30, 2013 7:31 pm
Your IP has until two months from the anniversary date to file their annual report Steve, so I don't think that they have missed the date now. Try and call them, however, to see how long they envisage this will take to finalise for you.
Regards, Melanie Giles, Insolvency Practitioner
 
 

Steve.1

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Post by Steve.1 » Wed Oct 30, 2013 8:04 pm
Thanks for the reply Melanie. Where would I stand if they miss that deadline?

It was me who chased them up asking when I should submit my details & again after I had submitted & heard nothing back. I'm loathe to chase again as not sure it should be my responsibility at every step - but if it is me who will be penalised then I guess I'll have to.
 
 

MelanieGiles

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Post by MelanieGiles » Wed Oct 30, 2013 8:55 pm
If they don't issue their annual report on time, then you have grounds for a complaint as they have not acted in accordance with their statutory responsibilities. I cannot see how you can be personally penalised, if your IP is at fault.
Regards, Melanie Giles, Insolvency Practitioner
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