if you die within a IVA period

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markw

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Post by markw » Mon Oct 01, 2007 12:28 pm
if you die within a IVA period do your debts die with you?
 
 

bagpuss

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Post by bagpuss » Mon Oct 01, 2007 1:34 pm
Hiya Mark xx I'm not sure but someone will answer who knows. take care
 
 

MelanieGiles

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Post by MelanieGiles » Mon Oct 01, 2007 1:36 pm
No - the debts are then liabilities of your estate, and have to be paid in priority to your benefactors. If there are no assets in the estate, then the debts are written off.

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

To have me propose an IVA for you, please visit:
http://www.melaniegiles.com/ivaEnquiry.asp

See customer feedback at:
http://www.iva.com/iva_companies/IVA_Advice_Bureau.asp
Regards, Melanie Giles, Insolvency Practitioner
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