Forgot to mention crypto currency

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bazz

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Post by bazz » Thu Apr 15, 2021 6:30 am
Hi there, so I recently got approved for an iva a month ago. With forgetfulness and stupidity I forgot to mention £100 of crypto currency. I have sold it all and sent it to my bank account. Now iv been in touch with the IP explaining it all and they want to look through bank statements. Will this fail my iva? I had no intention of hiding anything this was 100 percent human error. Thanks

kallis3

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Post by kallis3 » Thu Apr 15, 2021 7:20 am
They possibly just want to make sure that everything is ok. You have been honest by admitting your mistake. I can't see them failing it for the sake of £100.
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

Foggy

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Post by Foggy » Thu Apr 15, 2021 8:33 am
An honest mistake which you have rectified. The IP is just carrying out due diligence. I doubt this will be an issue.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
http://foggy.blogs.iva.co.uk
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