How will my inheritance affect my IVA?

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dee406

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Post by dee406 » Fri Nov 16, 2018 4:45 pm
I'm due inheritence..it was left to my mum who passed before the person who's will it is .
My brother and I will now take equal share..
I'm 2 years into an iva will this affect me.
My solicitor says they are doing a bankruptcy check??

Foggy

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Post by Foggy » Fri Nov 16, 2018 4:46 pm
I am afraid that the inheritance will be paid to your creditors via your IP.
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

kallis3

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Post by kallis3 » Fri Nov 16, 2018 7:09 pm
Have to agree with Foggy.
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

luluj

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Post by luluj » Fri Nov 16, 2018 11:40 pm
If the amount of inheritance allows you to pay 100% of original debt, plus fees and statutory interest then anything left will be yours to keep and iva concluded.
Sharing from experiences of dealing with debt

There is a solution for everyone .... Just need to stay positive !

Look at my blog "All I wanted was a baby"

Lisa Thomas

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Post by Lisa Thomas » Wed Nov 21, 2018 12:13 pm
Watch my quick video here for information:

https://youtu.be/L8M98FI5OqQ
I'm a licensed IP with 16+ yrs at Neville & Co covering the South West area. I have a YouTube channel with advisory videos on here: https://www.youtube.com/channel/UCMPTTu ... Z5k9ZcC2MA http://www.nevilleco.co.uk 01752 786800 Lisa@nevilleco.co.uk
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