Windfall?

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JoeB

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Post by JoeB » Mon Jul 09, 2007 6:06 pm
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If you and your partner have seperate but linked IVAs and one party comes into a windfall payment eg parents death etc will they just be liable for the IVA that is in their name?[?]
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MelanieGiles

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Post by MelanieGiles » Mon Jul 09, 2007 6:25 pm
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Yes - the windfall is just paid to the estate to which it is relevant - and that is the case in all IVAs not just for those who are separated.

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

For further details contact me at http://www.melaniegiles.com and view my IVA blog at: http://melaniegiles.blogs.iva.co.uk
Regards, Melanie Giles, Insolvency Practitioner
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JoeB

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Post by JoeB » Mon Jul 09, 2007 7:58 pm
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Thanks Melanie
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BlueShoes

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Post by BlueShoes » Mon Jul 09, 2007 8:03 pm
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Hi g.g.r
How are things progressing? I think you said you were in a similar position to us, but a few weeks behind us? We have received the paperwork to sign and return, and have agreed a figure ( somewhere between 50-60p/£) No date for creditors' meeting as yet.
Blue
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JoeB

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Post by JoeB » Mon Jul 09, 2007 9:35 pm
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Hi - just about to get proposal - next day or so - glad when its all over! - hopefully for the better
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BlueShoes

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Post by BlueShoes » Mon Jul 09, 2007 9:45 pm
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Yes us too, we are pretty stressed here.
Blue
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