Morbid question.........

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nepensioner

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Post by nepensioner » Sun Aug 08, 2010 11:18 am
Not that I am expecting this in the next 20/30 years but what happens if you die whilst in an IVA??
F & F Accepted 19th Oct 2010
 
 

silverlining

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Post by silverlining » Sun Aug 08, 2010 11:29 am
I don't know for certain, but I imagine the debt dies with you. I'm sure an expert will answer that question.

In the meantime keep taking the vitamins! [:D]
 
 

Adam Davies

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Post by Adam Davies » Sun Aug 08, 2010 11:33 am
Hi
Creditors will have a claim on your estate, same as if you were not in an IVA.
If you have no assets then the debt will be written off.
Regards
Andam Davies
 
 

nepensioner

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Post by nepensioner » Sun Aug 08, 2010 12:25 pm
Hi,
Thanks for that. I can go out and live my life now, and maybe get back to the parasailing and scuba diving one day!!!!
F & F Accepted 19th Oct 2010
 
 

MelanieGiles

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Post by MelanieGiles » Sun Aug 08, 2010 10:24 pm
Are you a diver nepensioner? If so, we will be able to swap stories!!
Regards, Melanie Giles, Insolvency Practitioner
 
 

nepensioner

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Post by nepensioner » Sun Aug 08, 2010 10:28 pm
Hi,
Love parasailing and snorkelling and would love to learn to scuba dive and also try hangliding!!!
F & F Accepted 19th Oct 2010
 
 

Hammie1

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Post by Hammie1 » Mon Aug 09, 2010 8:26 pm
Hi nepensioner

Interesting question as I also wondered about this. Not that I want it to happen in the next 50 years plus at lease, but you never know.

Sam
F&F accepted 12/8/13 - Awaiting Completion Certificate :-)
Thanks to everyone for your support. Could'nt have done it without you.
 
 

nepensioner

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Post by nepensioner » Mon Aug 09, 2010 8:34 pm
Hi Hammie.
I asked the question because I don't want my family to know what I am up to, however when I think about this logically, if it happens I won't be around to disover the answer!!!
F & F Accepted 19th Oct 2010
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