literally being stripped of everything

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h.h

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Post by h.h » Sat Feb 02, 2008 12:03 am
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My brother in law who recently died had taken out an IVA evidently for £30k approx.
As he has now passed away they are now looking to collect this debt from his estate.
The 'estate' as you can imagine is hardly anything at all. Therefore my sister is left in the predicament of literally being stripped of everything.
Is there any way around this?
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J-DOUBLEYA

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Post by J-DOUBLEYA » Sat Feb 02, 2008 12:07 am
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are there any material assets ?
were any of the debts in joint names ?
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MelanieGiles

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Post by MelanieGiles » Sat Feb 02, 2008 1:14 am
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First of all may I extend my deepest sympathy at your loss.

Just to assure you that the liabilities are limited to your brother-in-law's estate, and that they will not impact upon your sister-in-law's share.
Regards, Melanie Giles, Insolvency Practitioner
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