Am I right in thinking that once you are discharged from bankruptcy, any lottery winnings, etc are yours to keep. Does this also apply if you are paying into any IPA?
An IPA only applies to Income, not receiving an asset. So if you won £1,000,000 that is yours to keep. If you then invested that and earned an income each month of it then that could be used in the calculation for an IPA
any lottery winnings, etc are yours to keep?
Posted - 22 July 2010 : 17:05:20
