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Paying off IVA
LisaMC74
Posts: 1 Newbie
My father recently passed away and I will inherit around 100k from the sale of his house.
I am planning to pay off my IVA, this should be by October time. When would I be able to apply for shared ownership as my IVA is a 5 year plan. I'm 2 years in.
I am planning to pay off my IVA, this should be by October time. When would I be able to apply for shared ownership as my IVA is a 5 year plan. I'm 2 years in.
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LisaMC74 said:My father recently passed away and I will inherit around 100k from the sale of his house.
I am planning to pay off my IVA, this should be by October time. When would I be able to apply for shared ownership as my IVA is a 5 year plan. I'm 2 years in.I would suggest you Google 'windfall clause iva'.Also depends on what is within your IVA agreement but potentially all of your inheritance could go to your IVA provider.0
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