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Mark.z
Starting Member
2 Posts |
 Posted - 28 October 2011 : 18:37:53
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| I declared myself bancrupt in June 2009 and was discharged the following year, my parents are making a will and are worried that any inheritance could be seized, is this the case and if so then how long after discharge can a claim be made. Thanks |
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Viki.W
forum expert
United Kingdom
2211 Posts |
Posted - 28 October 2011 : 19:17:37
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Hi Mark,
As you are discharged and there is no inheritance yet, then it's yours to keep whenever you get it.
Viki Warbrooke
Vincent Bond & Co
If you would like free advice on all options available and help with your bankruptcy petition please contact me at http://www.vincentbond.com/about_us_Viki_Warbrooke.asp
Please read my experience of debt via my blog at http://vikiw.blogs.iva.co.uk/ |
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Niobe
Administrator
United Kingdom
4590 Posts |
Posted - 28 October 2011 : 19:31:54
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If you have an IPA/IPO though, do you have to declare an inheritance?
Follow through
Make your dreams come true
Don't give up the fight
You will be alright
'Cause there's no one like you in the universe
Jan
xxx |
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Skippy
forum expert
United Kingdom
3290 Posts |
Posted - 28 October 2011 : 19:40:56
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As far as I'm aware you would only need to declare an inheritance if the person leaving the money died before you were discharged.
View my blog at http://skippy13.blogs.iva.co.uk/
Only when the last tree has died, the last river has been poisoned and the last fish has been caught will we realise that we cannot eat money.
Last IPA payment made on 28th June 2010 and I'm now looking forward to getting married in September 2012 - I'm proof that you can go BR and come out the other side. |
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Mark.z
Starting Member
2 Posts |
Posted - 29 October 2011 : 12:41:15
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Thanks for the reply, does the same go for all property/trust funds etc or any other way of bequething assets on death?
Hi Mark,
As you are discharged and there is no inheritance yet, then it's yours to keep whenever you get it.
Viki Warbrooke
Vincent Bond & Co
If you would like free advice on all options available and help with your bankruptcy petition please contact me at http://www.vincentbond.com/about_us_Viki_Warbrooke.asp
Please read my experience of debt via my blog at http://vikiw.blogs.iva.co.uk/
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Viki.W
forum expert
United Kingdom
2211 Posts |
Posted - 29 October 2011 : 17:03:21
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As your parents are still alive, then it doesn't matter what they leave you and when it goes through, nothing can be claimed now.
Viki Warbrooke
Vincent Bond & Co
If you would like free advice on all options available and help with your bankruptcy petition please contact me at http://www.vincentbond.com/about_us_Viki_Warbrooke.asp
Please read my experience of debt via my blog at http://vikiw.blogs.iva.co.uk/ |
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How long after discharge can a claim on inheritance be made ?
