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by poetess
Wed Mar 19, 2008 7:57 am
Forum: postings for march
Topic: If you inherit a property during an IVA
Replies: 8
Views: 2160

Thanks Melaine, but we have spoken to the other beneficiaries and offered them the option of buying out our share. Unfortunately they are unable to raise the cash. Does this mean that they will be forced to move out in order that the property is made ready for sale?
by poetess
Tue Mar 18, 2008 8:38 pm
Forum: postings for march
Topic: If you inherit a property during an IVA
Replies: 8
Views: 2160

Hi Andy I realise that the full amount is payable and am not trying to wriggle out of that. I accept that the house needs to be sold and that is why I asked the original question about what are the processes? Does my IP take control of this or am I left to organise the selling? I am quite concerned ...
by poetess
Tue Mar 18, 2008 8:23 pm
Forum: postings for march
Topic: If you inherit a property during an IVA
Replies: 8
Views: 2160

Thanks for that Andy, but as the inheritance is bricks and mortar (worth approximately double the IVA amount) and not cash, how will that work?
by poetess
Tue Mar 18, 2008 2:47 pm
Forum: postings for march
Topic: If you inherit a property during an IVA
Replies: 8
Views: 2160

If you inherit a property during the period of an IVA (that if sold could clear the IVA in full), what are the processes that you would need to follow?
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