can you please tell me if cashing in an endowment

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Post by Kris.64 » Tue Mar 16, 2010 2:23 pm
can you please tell me if cashing in an endowment at £3000 has to declared to IP.
ps I will have a backdate pay of £1500 and will be declaring that later this month. I will be receiving £14,500 in July 2010 and hope to offer a full and final settlement.


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Post by Shining » Tue Mar 16, 2010 2:38 pm
Hi Kris and welcome to the forum. I would think this would need to be declared to your IP and possibly paid into the IVA. Wait around for a professional poster to offer more concise advice. x
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.


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Post by plasticdaft » Tue Mar 16, 2010 2:54 pm
Where is the £14500 you are due to get in july coming from?
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Post by MelanieGiles » Tue Mar 16, 2010 10:44 pm
All of these items require appropriate disclosure to your IP.
Regards, Melanie Giles, Insolvency Practitioner
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