Inhertiance/gifts

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kit

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Post by kit » Wed Jul 11, 2007 5:21 pm
Hi
Would an IP require some kind of evidence that you are offering a payment as a full and final settlement with a ‘gift’ (that you will repay as a loan from a relative) and that it isn’t an inheritance for example?
Thanks, Kit
 
 

MelanieGiles

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Post by MelanieGiles » Wed Jul 11, 2007 5:29 pm
Hi kit

I think that most IPs would trust you that you were telling the truth Kit - but if you feel happier a letter from the funder would be quite useful also.

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

For further details contact me at http://www.melaniegiles.com and view my IVA blog at: http://melaniegiles.blogs.iva.co.uk
Regards, Melanie Giles, Insolvency Practitioner
 
 

Oliver

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Post by Oliver » Fri Jul 13, 2007 11:56 am
A letter signed by the funder would be more than enough.

Best Regards
Oliver

Thomas Charles and Co Ltd.
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Best Regards
Oliver
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