Leigh.tn wrote:my iva finished in 2011 and I received my completion cert in 2012 my question now is as I received PPi's and paid money back to the IVA company if I now receive any inheritance would the iva company receive the money instead of myself
As long as the person giving the inheritance passed after the completion certificate was issued it is nothing to do with the IP. The reason PPI is still theirs is because ( although you didn't know about it) it exisited during your IVA.
luluj wrote:Yes !
Its yours to keep so long as it became known AFTER the completion certificate was received !
The point at which an inheritance becomes yours, as far as the IVA is concerned, it seems, is the date of passing, not the date you become aware of the bequest. So the donor must pass after the issue of the completion certificate for the inheritance to be free of the IVA.
My personal opinion, and one I would fight for were I in that position, is that you do not become eligible to receive any bequest until at least probate is granted and the will proved and accepted as valid. Only then, at the executor's behest, do you become eligible to receive anything.
Who is onlineUsers browsing this forum: No registered users and 31 guests
Ask the IVA Experts a QuestionSimply complete form and you will get an answer from our IVA Experts (multiple replies within an hour *)
* Any use of this forum is conditional on you having read and agreed to our terms and conditions.
* If you enter your phone number, Vincent Bond and Co Ltd will give you a courtesy call to ensure that your question has been answered.
* The question will be posted on our forum, we will email you the location