Would it be a windfall if I received money for a car restored and sold without my consent ?

Get expert opinion. This is the place for new questions to be posted.
17 posts Page 2 of 2
 
 

Foggy

User avatar
Posts: 33396
Joined: Fri Dec 17, 2010 11:14 am
Location: United Kingdom

Post by Foggy » Wed Feb 25, 2015 1:49 pm
It depends upon whether they have factored in fees and possible statutory interest. They ought to have, so ... yes.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
 
 

Michael Peoples

User avatar
Industry Expert
Posts: 15189
Joined: Mon Nov 03, 2008 12:36 pm
Location:

Post by Michael Peoples » Wed Feb 25, 2015 3:51 pm
You should get back anything left over after creditors have been repaid but ask your IP to vary the proposal to remove the statutory interest.
Michael Peoples | McCambridge Duffy Insolvency Practitioners
http://www.mccambridgeduffy.com
If you would like to talk to me about proposing an IVA or have any questions at all please visit www.mccambridgeduffy.com
17 posts Page 2 of 2
Return to “Ask IVA Forum and Industry experts”