www.iva.co.uk

Hello,

My husband has been paying his iva for over 5 years. It was extended last year for a further 12 months due to not being able to remortgage. He has 3 payments to go to complete the extension of 12 months. Is it normal for our IP to request all the yearly statement / earnings etc? They have requested it earlier than usual . . .And is there a chance the iva will be extended again? Thanks

I doubt there will be any more extensions and I can only assume the IP is working towards closure. He/she can check if the overtime modification has been adhered to and be ready to close the file as soon as possible after the last payment.

Check with your IP but there may be nothing to worry about.

The IP will just check that all overtime and / or bonus payments have been accounted for. Nothing to worry about.