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Posted: Tue Jul 24, 2012 3:09 pm
by phiri123
I finished my Iva 2 months ago. My quetsions is what is the next step as my iva company just told me that I have to wait to hear from them.
Posted: Tue Jul 24, 2012 3:25 pm
by Shining
Hi and welcome. Well done on completing your IVA. Your IVA company will be making sure all monies are distributed to creditors and you will receive a certificate of compliance in due course. The time this takes to be received does vary between companies.
I assume you've cancelled your s/o or dd as appropriate. x
Posted: Tue Jul 24, 2012 7:52 pm
by luluj
Well done from me too...great achievement and a real sense of satisfaction !
While you wait for your certificate of completion you are still under the rules and regs of your IVA in as far as any windfalls being paid in to benefit your creditors ...worth checking it out with your IP considering this Friday a 100 of us will become Millionaires - presuming we all buy a ticket for the big lotto !!!
Posted: Tue Jul 24, 2012 8:18 pm
by Niobe
Hi and welcome from me as well.
Great news on completing. You have to wait now for the company to finish up the final administration which may take a few months.
Which company are you with?
Posted: Mon Jul 30, 2012 7:34 pm
by Lucy lou
I keep asking what happens and I still dont know If you want to know how to start an IVA theres plenty of info and not much about completing Maybe the people who finish could write something about the process and what they did and had to do Perhaps make a Permanent Post that people who do complete can give there feedback and what happened So as time progresses people can read through and look out for there company and also it will give others something to focus on and prepare for All I know so far is pay pay pay !!
nearly there
Posted: Mon Jul 30, 2012 11:04 pm
by MelanieGiles
Assuming that you finished your IVA after making 60 payments, your IP should be in a position to close your case within the following 2 months. There may be issues such as VAT refunds or PPI claims which could be holding up matters, but they should advise you of this in their annual report, assuming a closure cannot be affected.
Posted: Tue Jul 31, 2012 9:35 am
by geordie123
you have to be very patient although it is so frustrating. We made our final payment in May 2011 and still have not got our closure cert.