Hello there
My parents live abroad, and have experessed their keen desire to help out should I experience difficulties in paying a car MOT bill, covering unexpected expenses especially related to my children , or to go and see them. The only way they can do this is by bank transfer and for the odd amounts that would not exceed £500. Would that be considered as windfall?
Keep a record of the payments and explain them to your IP. Relatively small gifts and assistance payments are not windfalls particularly if the funds are given for the aid of children.
My parents have paid for a car service and tyres before for us with no problems.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
My mother-in-law bought my hubby a new drill earlier in the year as without it he couldn't work and his blew up. I did inform my IP and all was fine, the key is to keep your IP in the loop. x
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
Thank you everybody; you really have lifted a weight off my shoulders[:I]
Andrea, yes I do have a savings account where I keep aside car repair/clothes/entertainment/special occasions allownces. That's probably where I'd ask my parents to send the money whenever they feel generous[8)] which isn't that often i must say[:D]. And Michael, thanks for the tip-i shall keep receipts should my IP require them. Oh, and Kallis, you're a STAR; you're always there for all of us[:X]
There's so much we re not sure of in an iva-thank God for this forum[;)]
Till the next pickle, I wish you all a Merry Christmas and a Happy New Year x
Thank you everybody; you really have lifted a weight off my shoulders[:I]
Andrea, yes I do have a savings account where I keep aside car repair/clothes/entertainment/special occasions allownces. That's probably where I'd ask my parents to send the money whenever they feel generous[8)] which isn't that often i must say[:D]. And Michael, thanks for the tip-i shall keep receipts should my IP require them. Oh, and Kallis, you're a STAR; you're always there for all of us[:X]
There's so much we re not sure of in an iva-thank God for this forum[;)]
Till the next pickle, I wish you all a Merry Christmas and a Happy New Year x
Hope you have a nice peaceful Christmas and a good New Year.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
Getting financial help from your parents in the way you have suggested is not going to cause you a problem.
One suggestion I would make. If the payments you receive are likely to be significant, you should clear them with your IP first. For example, if your parents are suggesting they will pay for flight tickets for you and your children, this could certainly cost hundreds. In this situation, I would speak to your IP first and explain that the money is specificaly for the tickets and will not be available for anything else but such.
In this way it could never be sugested that the payment was windfall which could have been used to pay your creditors
My daughter gave us money for a holiday last year and I did not mention it to my IP at all, just went and booked it.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
