Page 1 of 1

Posted: Wed Feb 05, 2014 10:15 pm
by Andy.74
Hi, i have an IVA have just made my my final payment. I now now have to submit expenditure form etc for the final time before the IVA is officially completed. The problem i have is that i had a gambling win of approx £4000 before xmas, (which i have subsequently spent) paid into my bank account, which will obviously show up on my bank statement. Will the IVA people want this amount paid to them, even though i know longer have it? Will they want the full amount or a percentage?

Im not sure where i stand on this, your advice is much appreciated

Posted: Wed Feb 05, 2014 10:24 pm
by luluj
Welcome ... I think best advice is to be honest with your IP and seek their understanding and support.

Posted: Thu Feb 06, 2014 3:12 am
by MelanieGiles
How much did you stake to get that win Andy? And is gambling something you do a lot whilst in the IVA?

What did you spend the win on?

Posted: Thu Feb 06, 2014 6:29 am
by Adam Davies
Hi

It will be interesting to see how this will be dealt with by the IP

Regards

Posted: Thu Feb 06, 2014 4:48 pm
by martjase
Someone has been jailed for a similar thing although, it was a much larger win on deal or no deal.

I'm sure your IP will have something to say about this.

Good Luck.

Posted: Fri Feb 07, 2014 8:46 am
by ClareSilver
font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade>Originally posted by martjase

Someone has been jailed for a similar thing although, it was a much larger win on deal or no deal.

I'm sure your IP will have something to say about this.

Good Luck.
This was to do with a bankruptcy case and the contestant was still bound by the terms of the bankruptcy order.