power of attorney

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kah

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Post by kah » Mon Sep 01, 2008 1:05 pm
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My parents have asked me to have power of attorney for their financial afairs. They don't know about my IVA and I would rather not worry with them with it as they are very elderly. Am I allowed to take on this task while in an IVA?
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Viki.W

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Post by Viki.W » Mon Sep 01, 2008 1:28 pm
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Hey Kah, I would have thought so as it is your parents money that you are dealing with but please wait for a technical expert to advise you. X
If you would like to talk to me about your debt problems, please visit:
http://www.vincentbond.com/about_us_Viki_Warbrooke.asp
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MelanieGiles

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Post by MelanieGiles » Mon Sep 01, 2008 1:55 pm
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There is no problem with you acting as power of attorney to your parents whilst in an IVA - their money is still their money even though you are handling their financial affairs.
Regards, Melanie Giles, Insolvency Practitioner
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kah

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Post by kah » Tue Sep 02, 2008 10:56 am
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Thank you
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