Morning My father sadly passed away this week

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keith.n

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Post by keith.n » Sat Aug 01, 2009 10:02 am
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Morning
My father sadly passed away this week, and i will inherate enough money to more than pay off our IVA. Not sure about all the figures yet, and the exact amount of what we owe, but we are 3 years (ish) into it. Do we pay all of the amount owed, or make an offer to them.
Regards
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kallis3

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Post by kallis3 » Sat Aug 01, 2009 10:07 am
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Keith, I am so sorry to hear of you loss. Thinking of you at this difficult time.

As and when you know what sort of figures you are talking about, but you can make an offer to your IP.

You usually need to be offering as near to the original dividend proposed as possible.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
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MelanieGiles

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Post by MelanieGiles » Sat Aug 01, 2009 10:17 am
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Please accept my deepest sympathy at your sad loss Keith. I have been there and know how you must be feeling.

Sadly I was working on a similar calculation for one of my clients yesterday. In this case, the full amount was payable plus statutory interest, so you will need to check with your IP or have a read through the terms and conditions of your own proposal to be sure.

With an unaticipated receipt such as a windfall, it is unlikely that creditors would accept a lower figure.
Regards, Melanie Giles, Insolvency Practitioner
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plasticdaft

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Post by plasticdaft » Sat Aug 01, 2009 10:18 am
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This inheritance will fall under the windfall bracket and you will probably be expected to pay back 100p/£ plus fees(depending on the size of the inheritance).

So sorry to hear about your Father Keith. Had he been unwell or was it a sudden death?

Paul
Discharged today the 8th feb 2012. View is much brighter now.
Continuing to rebuild our credit worthiness.
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kallis3

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Post by kallis3 » Sat Aug 01, 2009 10:25 am
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I suppose it depends on how much it is.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
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Pap

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Post by Pap » Sat Aug 01, 2009 11:23 am
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Sorry to hear about your dad Keith,
my thoughts are with you.

P x
May 2015 - Completed!!
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sonj77

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Post by sonj77 » Sat Aug 01, 2009 11:32 am
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Sorry for your loss. I myself lost my dad a few years ago. Love to you and your family. Hope everything works out ok for you with

Sonia xx
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Lisa2009

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Post by Lisa2009 » Sat Aug 01, 2009 12:48 pm
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So sorry to hear of your loss. Losing my beloved step dad was the worst thing ever for me and i really feel for you right now.
http://mrsskint.blogs.iva.co.uk/ 'Our Story'


Nil carborundum illegitimi
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Shining

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Post by Shining » Sat Aug 01, 2009 1:23 pm
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My sympathies are with you too and I hope the IVA etc., will work out x
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
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Skippy

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Post by Skippy » Sat Aug 01, 2009 4:14 pm
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I'm so sorry to hear about your loss x
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orchid5

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Post by orchid5 » Sat Aug 01, 2009 4:21 pm
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So sorry to hear of your loss Keith, my thoughts are with you at this sad time, I hope that you get things sorted, take care and be safe.
Om shanti, namesté, good luck to all who are embarking on the IVA journey, it isn't always an easy one but the outcome is the best.

IVA COMPLETED August 2012, received Completion certificate 18.4.13.
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Julie

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Post by Julie » Sat Aug 01, 2009 7:12 pm
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Sorry about your loss Keith.....xx
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marky b

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Post by marky b » Sat Aug 01, 2009 7:14 pm
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my sympathies to you keith.
bet you dad would take comfort that he was able to help you sort your money troubs out.
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freelili

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Post by freelili » Sat Aug 01, 2009 8:58 pm
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So sorry to hear of your recent loss. My thoughts and prayers are with you at this sad time and for the next difficult weeks and months.

Take care now
LILY

http://freelili.blogs.iva.co.uk

I asked God for an answer, I have to live with his reply.
Exsisto an angelus quod planto quispiam sentio melior.
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debtmountain

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Post by debtmountain » Sun Aug 02, 2009 9:46 am
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I'm so sorry to hear of your loss Keith, my thoughts are with you and your family at this sad time...I lost my dad just over two years ago so know how you must be feeling right now...Take Care..xx
IVA accepted 13/11/2008..17 payments down,55 to go..
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