Page 1 of 1
Posted: Mon Oct 01, 2007 12:28 pm
by markw
if you die within a IVA period do your debts die with you?
Posted: Mon Oct 01, 2007 1:34 pm
by bagpuss
Hiya Mark xx I'm not sure but someone will answer who knows. take care
Posted: Mon Oct 01, 2007 1:36 pm
by MelanieGiles
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