Windfall AFTER full and final settlement

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Lottie12

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Post by Lottie12 » Fri Jul 08, 2011 1:04 pm
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What would happen if a full and final settlement was accepted by the creditors, and then after this you get knowledge of a windfall? would you still be liable to delare the windfall??
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herbekj

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Post by herbekj » Fri Jul 08, 2011 1:35 pm
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Yes, until you have your completion letter/certificate any windfall would be captured even if the creditors have agreed the F&F is my understanding.
Last Payment - November 2011 - Completion Certificate received 2 weeks after last payment, Removed from Insolvency Register within 4 weeks after last payment.
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plasticdaft

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Post by plasticdaft » Fri Jul 08, 2011 1:58 pm
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Yup you would still have to declare it.

Paul
Discharged today the 8th feb 2012. View is much brighter now.
Continuing to rebuild our credit worthiness.
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nepensioner

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Post by nepensioner » Fri Jul 08, 2011 6:41 pm
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Quite agree, before my completion certificate was issued I had to declare that I had no windfalls in the pipeline...
F & F Accepted 19th Oct 2010
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kallis3

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Post by kallis3 » Fri Jul 08, 2011 10:57 pm
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Yes, until that letter is in your hand then you are liable to hand over any windfalls that you know about.
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
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