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Bankruptcy question
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Yes you submit an SoA to the OR and it is agreed with him. While on benefits you will not get an IPA. If you get a job you will have to submit a new SoA as obviously some of your expenses ie: travel will go up, at this point you will come back on here and we will help you with the new SoA to make sure it is properly tweaked. If you have a surplus of over £99 then the OR will take a % from 50% to 70% depending on how much you have surplus. So if you have £99 surplus then no IPA, if you have £100 surplus then you pay £50 to the OR.
There is information on IPA in the Bankruptcy Help sticky at the top of the board. I strongly suggest you look through the first post of that thread at least.
If you pop up a SoA as it stands now then we can look at it from the OR's POV for you.
http://www.makesenseofcards.co.uk/soacalc.htmlBSCno.87The only stupid question is an unasked oneLoving life as a Kernow Hippy0
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