Some questions about an IPA

fermi

Everything else aside............................

Once you are discharged the OR trustee is not entitled to apply to the court for an IPO, which is the only measure they can take if you don't agree to an IPA.

So effectively, yes, once you are discharged without an IPA the possibility of that is over.

parabol

Thanks for clarifying that, that's really helpful. It kind of feels like a blessing and a curse at the same time now though. I wanted to start working again so I can get a bit of money saved, but then I'll have this hanging over my head for years longer. I suppose the best thing in the long term would be to just hold off my plans until I'm discharged.

One more question for now...

How will I know when I've been discharged? I was hoping it would happen early because so many people are going BR and with me not working, the OR isn't getting anything out of me, so I thought they might just want to get rid of my case sooner rather than keep it going for the year.

fermi

If you are discharged early, then you will be informed by letter. You may or may not get another I&E form to fill in before that happens.

Also check your status on the online register.

http://www.insolvency.gov.uk/eiir/

Sometimes that is updated before you actually get a letter through.

Otherwise, you will be automatically discharged 12 months after your BR date. You don't get a letter about that.

fiveyearplan

tech2 wrote: »

STOP

Think very hard about what you are doing...........

Do the other adults earn? as some of this will need to be taken into account

Ie if one is a older child who works they will be expected to make a contribution/their share of the living expenses//ITS NOT AS EASY AS YOU THINK..........

If you are to work and inform the OR you need to put up on here

who the other adults are
do they work
how much they earn
how much you will earn
how much tax credit, income support and child benift the household gets
how much the 3 cars are worth and if you have use of them
how old is the child

and thats just to start with as well as filling in an SOA and getting it up on here

Ur half way there now with no IPA cant you wait 6 more moths max. as if u get and IPA this will be 3 years from the date it is issued so your BR couldl last a total of 3-4 yrs.....WHY go through all the hassel is it worth it???

Only trying to be helpful at the end of the day it is uo to you mate!

Tech2

Hi Tech - I disagree with the above. The OP is paying his mum rent so the OR will not make any comments on whether or not his mother charges other members of the family. He seems to be paying a very reasonable amount so don't see how or why the OR would questions. This isn't 'his' nuclear family, he is the adult child so to speak.

Parabol - you could even increase your housekeeping to £200.

debtinfo

yep as FYP says, other members are only taken into account if you are at the top of the family so to speak, not if you are the one contributing fromthe bottom up as it is not your household