My mum wants to do a Lasting Power Of Attorney...appointing me. Looking at previous posts this didn't seem to be a problem, but looking on the gov.uk website it says:
You cannot chose someone who is subject to a debt relief order or is bankrupt.
Does this include IVA' s?
Is anyone currently holding power of attorney, and did you encounter any problems?
It is fine to hold the LPA in an IVA but not bankruptcy or debt relief. Get confirmation from your own IP but as far as I am aware there is no problem.
My husband did this for his dad he hit a problem with barclays when he presented the papers and they had to have a letter from his father saying he still wanted to ahead as we have an iva which was annoying as the solicitor did not mention this and also embarrassing as we have told nobody about the iva. He has never received anything back I.e bank card from barclays but we assume they accepted the letter as we have not heard any different.
Thanks for the replies...my mum doesn't know about my iva, so the fact that Barclays wanted further paperwork....
I'm two and a half years away from the end of my iva - this includes an extra 12 months as I have equity...and mum's in good health right now, so hopefully when the time comes that I have to use power of attorney my iva will have been completed.
