How will my inheritance affect my IVA?

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dee406
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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??
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Foggy
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by Foggy » Fri Nov 16, 2018 4:46 pm
I am afraid that the inheritance will be paid to your creditors via your IP.
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kallis3
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by kallis3 » Fri Nov 16, 2018 7:09 pm
Have to agree with Foggy.
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luluj
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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.
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Lisa Thomas
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by Lisa Thomas » Wed Nov 21, 2018 12:13 pm
Watch my quick video here for information:

https://youtu.be/L8M98FI5OqQ
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