Final year of IVA

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miaboo
miaboo Posts: 15 Forumite
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in IVA & DRO
Our IVA ends December 2024 
We will have our normal annual review this December, will there be another annual review after this one or will that be it? What happens in December 24? 

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  • sourcrates
    sourcrates Posts: 28,891 Ambassador
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    You should receive your chairman's final report once all payments have been made, the IVA will be wound up, all payments will be disbursed, any payments that go unclaimed will come back to you, then, eventually, you will get your certificate of completion in the post, this can take a while sometimes, and you will be released from all your financial obligations with regard to your IVA.
    I’m a Forum Ambassador and I support the Forum Team on the Debt free wannabe, Credit file and ratings, and Bankruptcy and living with it boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.For free non-judgemental debt advice, contact either Stepchange, National Debtline, or CitizensAdviceBureaux.Link to SOA Calculator- https://www.stoozing.com/soa.php The "provit letter" is here-https://forums.moneysavingexpert.com/discussion/2607247/letter-when-you-know-nothing-about-about-the-debt-aka-prove-it-letter
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