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Posted: Wed Aug 01, 2012 11:51 am
by geoff1951
Just Curious: Hypothetically speakin - how would a lottery jackpot win affect the IVA

Posted: Wed Aug 01, 2012 12:08 pm
by Tina Shortland
Hi Geoff what a lovely hypothetical thought! It woud be seen as a windfall but hopefully it would be so much you could pay your IVA off in full early without making much of a dent in it and then get on with a new lifestyle!!! the IVA would still stay on your credit record though for the 6 years in total.

Posted: Wed Aug 01, 2012 12:12 pm
by geoff1951
Thanks for the quick reply Tina, TBH - if the IVA stayed on my Credit record for the rest of my life I would not care - I will have no further use for it, I'll just sit back and let the world go by.

Posted: Wed Aug 01, 2012 12:14 pm
by Tina Shortland
Good for you and make sure you enjoy it while it does!

Posted: Wed Aug 01, 2012 11:18 pm
by KM1512
Geoff smiled when I read your post, I am not the only dreamer I couldn't sleep a few nights ago and was thinking of nice things that could happened and a lottery win was one of them and the first time I would do is send a full and final settlement and move to a nice warm country and watch the world go by with no worries I soon fell asleep and woke up to find it raining and still in debt[:)]

Posted: Wed Aug 01, 2012 11:28 pm
by kazzafunk
But not in debt for much longer KM1512!!