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Help!
I have an IVA that I setup 2 years ago. I told them that I have a private number plate, at the time it was evaluated by a random company at £500 but its not worth that much and I have someone that's intersted in it for £200. My question is, do I need to tell my IVA if I sell it? (Because it's not a large amount of money) and if I don't tell me IVA will my IVA be cancelled on the spot? The number plate isn't written as an Asset in my contract (from what I can see) but when they see my yearly bank statement are they going to ask where the £200 from PayPal has come from and if so will i get in trouble? The £200 would be spent on our wedding so it won't just be disposable income. Please help! If they're going to take the £200 then I'm just going to keep the plate until my IVA is over in 4 years and sell it then
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Comments
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If it's not listed as an asset in your IVA then it shouldn't be an issue selling the plate, I'd make absolutely sure it's not before selling it though.If there is anything that you require for your wedding that can be paid through PayPal, that would save it touching the bank.I may be wrong sometimes, I learn a little every time I'm corrected.0
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