Lasting power of attorney is a legal role which gives an individual legal authority over someone else's affairs. For example, their assets, home, or money.
The role of lasting power of attorney can be affected by some legal debt solutions. This is because the role of lasting power of attorney often includes financial control of someone else's property, possessions or bank accounts.
With bankruptcy, you would not be able to continue to have lasting power of attorney as you would be considered unfit to have such a role, based on your own financial situation.
However, with an IVA, your role as lasting power of attorney is not affected.
If you are hesitating, do not worry - we have tried to explain
everything you might want to know. Let us help!
Is an IVA right for you
What impact an IVA could have on your job and processions
Being a home owner
Your credit rating
Bank accounts, savings and pensions
Lasting power of attorney
Choosing MoneyFresh
How an IVA is set up
IVA proposal and creditors
Preparing for the Isolvency Practitioner
IVA protocol
Maintaining your IVA over time
Your circumstance have changed
Add more debts after an IVA has started
Failing your IVA
Struggling with your IVA repayments
Missed a IVA payment
Your creditors are still contact you
Cancel your IVA
Make a complaint about the IP (Inslovence Practitioner)
Make a complaint to the DMP (Debt Management