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Advice Please

Hi me and oh were discharged in jan 2011,now we are due to inherit house is money ours to keep when house is sold. Thanks

Comments

  • debtinfo
    debtinfo Posts: 7,012 Forumite
    when did the person you are inheriting from pass away
    Hi, im Debtinfo, i am an ex insolvency examiner and over the years have personally dealt with thousands of bankruptcy cases.
    Please note that any views i put forth are not those of my former employer The Insolvency Service and do not constitute professional advice, you should always seek professional advice before entering insolvency proceedings.
  • motherb
    motherb Posts: 239 Forumite
    Part of the Furniture Combo Breaker
    Passed away a couple of months ago.
  • debtinfo
    debtinfo Posts: 7,012 Forumite
    then yes the money is yours to keep,

    if you are in an IPA then it is still yours to keep but you must inform the OR about any income derived from having that money/asset, interest etc
    Hi, im Debtinfo, i am an ex insolvency examiner and over the years have personally dealt with thousands of bankruptcy cases.
    Please note that any views i put forth are not those of my former employer The Insolvency Service and do not constitute professional advice, you should always seek professional advice before entering insolvency proceedings.
  • motherb
    motherb Posts: 239 Forumite
    Part of the Furniture Combo Breaker
    Thankyou again debtinfo ipa until feb 2013 counting down on that one but two years as flown by.
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