Hi
There is no benefit in either case,in reality you should declare it as a windfall.
Here's Melanies response to your initial question
Posted - 13 December 2007 : 08:56:53
You would not be able to use this money to effect a full and final settlement, given that it would fall under the windfall provisions of your IVA.
Regards, Melanie Giles, Insolvency Practitioner for over 20 years.
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Andy Davie
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