I am currently in an IVA and my parents want to appoint me as their LPA ?

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muddlementandchaos

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Post by muddlementandchaos » Sat May 04, 2013 2:45 pm
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I am currently in an IVA and my parents want to appoint me as their L.P.A.. I know that bankrupts are not allowed to be L.P.A.'s but what about when you are in an IVA
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Foggy

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Post by Foggy » Sat May 04, 2013 2:49 pm
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I believe that we have had several forum members appointed L.P.A in the recent past and, as far as I am aware, the IVA is not a bar.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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doritos

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Post by doritos » Mon May 06, 2013 4:42 pm
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Is this a check with the IP thing, I have just spotted this thread and have LPA papers on my desk for a member of my family.

How come bankruptcy interferes with it?
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Foggy

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Post by Foggy » Mon May 06, 2013 5:30 pm
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Doritos, there are many things a bankrupt isn't allowed to do under BR laws and handling another's financial affairs is one of them -- however this isn't applied to IVA's.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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doritos

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Post by doritos » Mon May 06, 2013 11:19 pm
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That's good to know

cheers..
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