Parents paying IPA in one go

Jono987 · 15 November 2017 at 4:26PM

Hi everyone, after some advice on another forum, i contacted the OR and asked them if my parents could use some of their savings to pay off my IPA early.

I was pleasantly surprised to find out they can. Once i am discharged in December, if my parents pay my IPA (which has only been running 8 months), my obligations towards the official receiver will be finished.

Has anyone else done similar?

Thanks!

tigerfeet2006 · 15 November 2017 at 4:44PM

I can probably count on one hand the number that I've seen on this board but there has been a few. Fantastic if you can do that.

Jono987 · 15 November 2017 at 4:50PM

I have asked them to confirm that all ties to OR will be finished and i can go about my life and apply for a higher paid position / 2nd job to bring some more money into the household. They said that this is fine. I wanted this confirming as i dont want my parents to pay it off for me and then i get stuck with increases for the next 2 years anyway.

I also have never heard of this happening, have things changed or do i have a really understanding OR?

philnicandevan · 15 November 2017 at 7:52PM

Tigerfeet is correct..its rare but can happen sometimes...although since I declared back in 2006 i've only ever seen what you describe happen twice in all

Jono987 · 15 November 2017 at 9:00PM

Thanks. I have it on an email that i can look to further my income after im discharged and the IPA is settled.

Hopefully this will be ok and i dont find them coming for it all in a couple of years time

lol

Parents paying IPA in one go

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