I have recently applied for IVA through national debtline. SO forms were sent back to them and now waiting for IP Company to contact me. When I filled the forms I have put the car as my only asset.
One of the reasons I am in debt is share dealing (CFD). Learnt my lesson.
Anyway when I lost the money I thought I have lost everything because I got an email from the CFD Company that my account share positions were closed because I did not have funds. But today I got an email saying that (monthly report) I got £2500 left in the account.
I tried taking money out of the account but I cant for another 60 days. I am worried now I will be in trouble that I did disclose that amount.
Should I inform them now…or should I not inform them now and wait for 60 days take the money out and then inform my IP then that I got some money I would like to pay in into IVA…
I agree with the above posts and would say that if you declare this now, the worry will be far less than should it come out of the woodwork at sometime in the future to cause you even greater stress and anguish
good luck
Last payment made April 2012
Certificate received 1st Nov 2012