Poker winnings

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Radish

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Post by Radish » Sun Feb 10, 2019 9:53 am
Whilst in my IVA, I entered a large poker tournament expecting to go out at the first table. I actually won the whole thing and pocketed £300.

All past tense now, should this have gone into my IVA pot? its more of a curiosity at this stage. I was talking (as in bragging) about this yesterday and I never at any point thought about my IVA at the time, till it hit me yesterday.
It was the only time I ever played in this type of event and not even competed again since that day.

I didn't quite see myself ever getting on the same table as James Bond and Le Chiffre
IVA complete March 2014 after 6 years.

Foggy

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Post by Foggy » Sun Feb 10, 2019 9:56 am
It would have fallen under the windfall category and, assuming you had the usual £500 trigger, would not have been payable to your creditors.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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Radish

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Post by Radish » Sun Feb 10, 2019 10:44 am
Foggy wrote:
It would have fallen under the windfall category and, assuming you had the usual £500 trigger, would not have been payable to your creditors.

Pity it wasn't the poker million :lol: :lol: :lol: :lol:
IVA complete March 2014 after 6 years.

luluj

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Post by luluj » Mon Feb 11, 2019 3:03 am
Lucky win ! Under the £500 clause it would be yours to keep so you were ok ....

Better luck next time... might get a few more 0's on the end !
Sharing from experiences of dealing with debt

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

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