what happens during the first revue when you are in an IVA ?

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thislldo

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Post by thislldo » Tue Dec 20, 2011 5:42 pm
what happens during the first revue when you are in an iva
 
 

kallis3

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Post by kallis3 » Tue Dec 20, 2011 5:46 pm
Hi, it all depends on who your IP is. All will want at least three months worth of payslips and most will.want a P60. Some want bank statements but not all.

You should do a new I&E as well to.take into account any increases in expenditure.

Your IP will be in touch in plenty of time.
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.
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Shining

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Post by Shining » Tue Dec 20, 2011 8:21 pm
Agree with Jan they'll inform you what is required, make sure you send them everything as requested and fill in the I&E accurately and all should go smoothly. x
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
 
 

Firefox

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Post by Firefox » Tue Dec 20, 2011 10:48 pm
Hi Just as posters have said, generally speaking you will need to provide a P60, 3 months payslips and an up to date I&E statement to show any changes in expenditure. If any items of expenditure have changed significantly you should enclose some supporting evidence, e.g. utility bills or council tax bills.
IVA finished June 2011

"If you listen to people who tell you what's impossible, they're usually the ones who failed" Paul Stanley
 
 

plasticdaft

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Post by plasticdaft » Tue Dec 20, 2011 11:07 pm
It really is not to be feared. Its simply a tool that iva firms use to ensure you are still paying what you can afford. Make sure that you increase allowances where you feel you are spending more than you were a year ago,food and fuel for a start!!

Its for your benefit as well as your creditors.

Paul
Discharged today the 8th feb 2012. View is much brighter now.
Continuing to rebuild our credit worthiness.
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