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Bankruptcy And IPA HELP
Choppa2k
Posts: 2 Newbie
I was declared bankrupt in may 2008 and i have just recently received a letter considering me for early discharge and then to my suprise i received a letter back the other day advising me that i have been setup on an IPA for £70 per month for 36 months, even though when i filled in my income and expenditure form it showed i had £30 disposable income a month, i am wondering how can they arise at this figure and does anyone have any advice for me as this is very concerning for me as my original agreement was setup to be taken from my tax code as i couldn affored an IPA when declared bankrupt originally
Thanks
Thanks
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Comments
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Write/phone or e-mail your OR asking for a breakdown of how they arose at that figure. They can not set it up until you sgn and agree to it. Did ou post your i&e on here for us to have a look at? If not when you get the breakdown pop it here and we could see if you have any areas for improvement.DxFree impartial debt advice available from: National Debtline - Tel: 0808 808 4000 | The Consumer Credit Counselling Service (CCCS) - Tel: 0800 138 1111 | Find your local Citizens Advice Bureau
Laugh at yourself and others laugh with you.Laugh at others and you laugh alone. BSC No 107:D0 -
How come you weren't discharged in May 2009 - was a BRO put in place?BR 26th Jan 09 . . . Discharged 21/9/09 !!! :j:j:j0
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the-muffin-man wrote: »How come you weren't discharged in May 2009 - was a BRO put in place?
Very good point Muffin man, didnt spot that on first readingHi, im Debtinfo, i am an ex insolvency examiner and over the years have personally dealt with thousands of bankruptcy cases.
Please note that any views i put forth are not those of my former employer The Insolvency Service and do not constitute professional advice, you should always seek professional advice before entering insolvency proceedings.0 -
I`m guessing it should be May2009
:pB&SC No. 298
Life`s Tragedy is that we get OLD too soon
and WISE too late!0 -
Yes i never noticed it either...but then it was 4.45 am:rotfl:I took it to mean may 2009:o.Dx
Ps to err is to be human.....and i am sticking to it.lolFree impartial debt advice available from: National Debtline - Tel: 0808 808 4000 | The Consumer Credit Counselling Service (CCCS) - Tel: 0800 138 1111 | Find your local Citizens Advice Bureau
Laugh at yourself and others laugh with you.Laugh at others and you laugh alone. BSC No 107:D0
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