If someone is early in a PIA which gives the creditors say 80% of any inheritance, it seems that the creditors will not only take this 80% but the debtor may find the PIA reviewed and their payments increased.
Has this happened anyone yet and if so how did it play out? Is there any evidence to suggest a deal could be struck that the 80% (which would be more than the total PIA) would be acceptable as final payoff, or would the creditors seek the final 20% of the inheritance?
Can the debtor...
Inheritance while in PIA
Has this happened anyone yet and if so how did it play out? Is there any evidence to suggest a deal could be struck that the 80% (which would be more than the total PIA) would be acceptable as final payoff, or would the creditors seek the final 20% of the inheritance?
Can the debtor...
Inheritance while in PIA
