I bit the bullet and phoned my IP to explain about the inheritance. I'll let you know what happens...

Oh, and a couple more things. As an IP would you be prepared to wait for the sale of the house to get the remaining money? Or would you want the cash I have straight away? I have been paying the fees as I have gone along. Am I suddenly going to owe the IP a huge lump sum as well, or should that be c...

Hi Melanie

Could you tell me please, with your IP hat on, what documents you would need to see with regard to my inheritence and finishing my IVA. I don't know if I can get hold of the original will as I never had a copy of it.

Thanks x

I have jointly inherited the property with my brother, 50 / 50. It is on the market for £114,950.

How much will they take though? Can anyone answer my earlier question about offering the money please?

Oh, and just to mention that Eversheds / Max Recovery took over the majority of my debts (5 out of 8, about £24k of the original debts)

The bad part of me so wants to say 'what the hell' and not say anything. But then I'd probably be writing to you all from prison! The good part of me (which ironically has grown due to being in the IVA) says 'OK, phone my IP today.' The good part of me also wants to confess to the fact that I inheri...

Hi Melanie

Yes, I jointly inherited with my brother, and we were both named as beneficiaries in the will. My mum was the executor.

Like many other people on this site, my brother and my mum don't know about my IVA, and I don't really want to tell them if I can help it.

The house has been on the market for a couple of months with no interest in it at all. I suppose that's why I was asking if I could pay a F & F now before it got sold. From the previous responses I am guessing that can't be done, but I can't help agreeing with Mrs_Moody! But then, if I offered a F &...

Hi again Yes, I was asking about a F & F as I only have about £2000 to pay which my partner said he would lend me. The house is not in my name - it is in my Mum's name as she is the executor. I suppose I was thinking that if I paid off the IVA before the house sold it would be OK. If I am being real...

I have a huge dilemma with my IVA. Last December my Nan died, and I jointly inherited her house with my brother worth about £110,000. The house has not been sold, so I have not received any money from that. My IVA only has 6 months left. Is it against the law to not declare this inheritance? I am al...

Hi Melanie

I did not know about the extra costs incurred when finishing an IVA. Thanks for telling me about that, I shall speak to my advisor. It doesn't seem worth finishing early after what you have said.

Hi Melanie Thanks for your reply. I was just wondering what you meant by 'additional costs'? Does it cost extra to finish the IVA early? With only six months left can you explain what I need to show at the end of the IVA please, or what the IP needs to check. Do I still need bank statements and pays...

Hi All Can someone explain what happens when you make a F & F please? I have six months left on my IVA, and I have written my F & F letter, and my partner (who is putting up the settlement money) is writing his. What else will the IP ask for? Do they need more payslips or bank statements, or is the ...

Thank you Melanie for replying so quickly. Helpful as always! I shall send the letter this week, and let you know what happens.