www.iva.co.uk

I received a letter informing me my annual review is due. I have, as I have previously emailed my P60 and payslips from the last 12 months but have had no response. I have emailed them on several occasions this month and had response to none of them. I am with Grant Thornton and the last letter I received informed me I could be breach of contract if i dont respond. Im losing sleep and really worried especially as I have an increase in salary and I want them to sort this out as soon as possible so I know what they are going to take each month. Can anyone advise? I know I should call them but I dont have any credit until payday!

Hi and welcome to the forum.

Have you phoned the company to ask what is going on? Have you kept the emails to show that the payslips etc have been sent?

Try emailing your IP directly via this link:

http://www.insolvency.gov.uk/fip/

You might find that you get an answer.

Many thanks for your reply - they have finally emailed me! Its only taken 29 days to get a response

I'm glad you have a reply Max. Has it sorted you out?

Hi max, glad to see they have responded.

I'm with GT & I've been finding it difficult to get through to them on the phone. They have just recently taken over another companies IVA clients, which I believe is causing a back log of work.

Let us know how u get on with your review.

Poor show from GT,regardless of how much extra work they have taken on,29 days for a response is ludicrous!!

Hope you are sorted Max

Paul

Thanks for all the responses guys.

I did not relise they had taken over other companies!

They acknowledged recipt of my payslips and P60 and said they would be in touch. According to previous letters this could take up to 6 weeks. Im losing sleep. I thought an IVA would sort everything out but I just want to know if Im going to BoC becuase I didnt declare the salary increase intially, even though for the past 3 years I have declared all bonuses and paid half to them. Im also worried they will ask for a payment in a lump sum. I really wish I had gone bankrupt as this would have been over with by now. The debt was from a relationship which I am still paying for literally and stress wise!

Hi max, please don't lose any more sleep over this, I'm sure your going to be fine,

A review has to be carried out & a report sent to you & your creditors within 2 months of the anniversary of your IVA.
If you have declared all overtime & paid over the percentage required then you will be fine. Regarding the increase in salary, these are often left & sorted at your review, so any increase in expenditure & income can be assessed. If you are due to pay anything over, then a repayment plan can be arranged to bring any arrears into place.
It is not in there interests to fail your IVA & they are there to help & support you to finish your IVA journey & become debt free. Hang on in there x