BR - OR interest in life policy

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andymac

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Post by andymac » Thu Nov 29, 2007 4:40 pm
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Thanks Queenie.

I have emailed the OR with that document attached for clarification.

The document doesn't actually make it clear if it buys back the interest during or after discharge, but I will post here their response.

Many thanks to all!
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wen

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Post by wen » Thu Nov 29, 2007 7:42 pm
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So if you continue paying premiums and do not buy the OR's share then:

1. When does the trustee's interest return to the policy holder?
2. Will they allow the policy cost to be included in the I & E calculation?
Please visit my blog http://adam.blogs.iva.co.uk/
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Adam Davies

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Post by Adam Davies » Thu Nov 29, 2007 7:54 pm
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1] after discharge
2]That will be upto the OR.At the worst you can fund it from your share of the disposible income.
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Andy Davie
IVA.co.uk Spokesperson

About me:
http://www.iva.co.uk/andy_davie_profile.asp

IVA Helpline: 0800 197 4838
http://www.iva.co.uk/iva_helpline.asp
Andam Davies
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