this is on my iva all monies are now paid up. received a pension lump sum but do I keep or risk telling he is my iva
i have looked at some paper work and it readsassets,a statement of my affairs and estimate values is in appendix aassets specifically pledged,my homeassets not specifically pledgeOctaviaexcluded assetsas my domestic assets are of modest value and would be exempt in a bankruptcy, propose they be excluded from the iva.motor vehicleI own a Octavia value £2500 which I use for to and from work.does this mean my pension fund which I received is safe or do I have to hand it in
i have looked at some paper work and it reads assets,a statement of my affairs and estimate values is in appendix assets specifically pledged,my home assets not specifically pledge Octavia excluded assets as my domestic assets are of modest value and would be exempt in a bankruptcy, propose they be excluded from the iva.motor vehicleI own a Octavia value £2500 which I use for to and from work.does this mean my pension fund which I received is safe or do I have to hand it in - windfall/asset/inheritance should the debtor receive or become entitled to any windfall or inheritance payment with the value of £500 during the course of the arrangement which would be deemed after acquired assets within section 307 it must be paid or transferred to the supervisor . the max the debtor is to pay 100p in the £.nothing I can see states about my pension any help plz -
This could be deemed a windfall but if you have made all your payments and the delays are beyond your control the IP could call a variation to exclude the money.
As Andy says it may have been excluded anyway but even so you should inform your IP for advice.
no I got told today that it will be around 6 to 8 weeks before I get my cert. I know I should declare the monies but my pension I had being ayed into was stopped 2 yrs before I started the iva and then was payed into my account the day after my last payment. now im jus sat on egg shells
Pensions are usually ring fenced but there seems to be no mention of it in your proposal
Have you received a completion certificate or are you still awaiting this ?
