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house sale proceeds

alwayspuzzled
alwayspuzzled Posts: 316 Forumite
in Child support
Under CSA1 does the proceeds from the sale of the house you live in class as income?

Comments

  • CSA_Debt_Bod
    CSA_Debt_Bod Posts: 110 Forumite
    No, only any interest that you accrue from it if it's in a savings account.
  • alwayspuzzled
    alwayspuzzled Posts: 316 Forumite
    sorry I meant csa2 (still haven't got my head round all this)
  • kelloggs36
    kelloggs36 Posts: 7,712 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    No, it isn't income.
  • NACSA_CHAIR
    NACSA_CHAIR Posts: 200 Forumite
    Capital is not treated as income, but as others have stated - interest generated from capital can be treated as income. You also have to be aware of the variations of "assets capable of producing an income"....if your capital is in excess of £65k - notional income can be calculated!!
  • Blackpool_Saver
    Blackpool_Saver Posts: 6,599 Forumite
    if you owe arrears can that be taken from the proceeds of a house sale?
    Blackpool_Saver is female, and does not live in Blackpool

  • CSA_Help
    CSA_Help Posts: 1,318 Forumite
    Blackpool_Saver wrote: »
    if you owe arrears can that be taken from the proceeds of a house sale?

    If they have got an inhibition order they will

    Done it with me

    Now proven that i didn't owe the arrears

    Once this batch of **ck ups has been dealt with i will get the liability oders /inihibition orders looked at complaints then take it further as my wife is out of pocket
This discussion has been closed.
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