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Posted: Fri Jan 11, 2008 10:11 pm
by emily.s
I'm thinking about applying for an IVA, if i do and it starts, and the 1 year down the line I receive about £5k in an inheritence (this has not happened but it sadly on the cards), would i be able to put it into a building society to save for a deposit on a house, or would it have to go straight to the IVA as a lump sum?
Posted: Fri Jan 11, 2008 10:12 pm
by MelanieGiles
Hi there
The inheritance would be a windfall and therefore payable to your IVA.
Regards, Melanie Giles, Insolvency Practitioner for over 20 years.
To have me propose an IVA for you, please visit:
http://www.melaniegiles.com/ivaEnquiry.asp
See customer feedback at:
http://www.iva.com/iva_companies/IVA_Advice_Bureau.asp