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Moonbeever

diddly74
diddly74 Posts: 822 Forumite
Part of the Furniture 500 Posts Name Dropper Combo Breaker
in Bankruptcy & living with it
Why oh Why do they do this? We have just had an IPA given to us, and it starts on 1 December. Moonbeever have written to us saying they want a cheque every month and to use the pay slips enclosed!


We are Bankrupt!!! We aren't allowed a cheque book!!!! Grrr.
Donna
Economy; careful management; providence. Whether you call it thrifty or frugality it all comes down to getting more for your money.

Comments

  • fermi
    fermi Posts: 40,542 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker Rampant Recycler
    Oops! :doh:

    Alarming lack of brain engagment there.

    Lawers are normally good at taking your money. ;)
    Free/impartial debt advice: National Debtline | StepChange Debt Charity | Find your local CAB

    IVA & fee charging DMP companies: Profits from misery, motivated ONLY by greed
  • Angiepange
    Angiepange Posts: 3,521 Forumite
    Part of the Furniture Combo Breaker
    diddly74 wrote: »
    Why oh Why do they do this? We have just had an IPA given to us, and it starts on 1 December. Moonbeever have written to us saying they want a cheque every month and to use the pay slips enclosed!


    We are Bankrupt!!! We aren't allowed a cheque book!!!! Grrr.



    My hubby had a nil tax IPA.

    Our letter from Moonbeever stated we could pay by cheque OR standing order, so we just set up a SO, really easy to do!
  • skylight
    skylight Posts: 10,716 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker Home Insurance Hacker!
    Angiepange wrote: »
    My hubby had a nil tax IPA.

    Our letter from Moonbeever stated we could pay by cheque OR standing order, so we just set up a SO, really easy to do!

    You see, for that amount, I would have had to have sent a cheque (borrowed from my Mum).!
  • Tupperware_Queen
    Tupperware_Queen Posts: 1,794 Forumite
    ok, being really thick here, but what is moon beever and nil tax IPA? I was BR on 8th Nov, don't know yet if I will have IPA, and have had no info about tax or anything.
    Getting fit for 2013 - Starting weight 10.1.13 88.1kg
    Weight 27.3.13 79.1kg :( weight 2.4.13 79.9kg Weight 24.4.13 77.8kg. 4.6.13 76kg

    BSC member 331
  • debtinfo
    debtinfo Posts: 7,012 Forumite
    Are you working
    Hi, 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.
  • Tupperware_Queen
    Tupperware_Queen Posts: 1,794 Forumite
    yeah I am....30 hours a week
    Getting fit for 2013 - Starting weight 10.1.13 88.1kg
    Weight 27.3.13 79.1kg :( weight 2.4.13 79.9kg Weight 24.4.13 77.8kg. 4.6.13 76kg

    BSC member 331
  • skylight
    skylight Posts: 10,716 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker Home Insurance Hacker!
    Tup, Moonbeever are the legal company that collect IPA payments on behalf of the OR. There are 2 types of IPA really, one based on your Tax. If you are working and paying tax you should get a nil tax code for your BR-tax year so in your case only until April 2011 (end of this fiscal year). You will be paid gross in this case and the TAX part you pay over to Moonbeever. It doesn't always happen though; the OR may not apply to HMRC for a nil tax code (cos he can eventually get it from them anyway) or may apply but your tax is too low to be bothered about collecting.

    The other IPA is the one based on your income/outgoings surplus. This is also collected by Moonbeever and lasts for 36 months - it is variable and can change over the period of time.
  • ontheroad_2
    ontheroad_2 Posts: 328 Forumite
    OP I got the same letter - as I understand it, thats just a bog standard request from moonbeever, as they don't just collect on bankruptcy cases, they are also collection agents for other companies, not just the OR and insolvency service.

    The last page of your stuff from moonbeever should have a form to complete and send to your bank to set up a standing order - thats what I did, just went into Barclays and set up the standing order for my IPA/NT IPA.
  • Tupperware_Queen
    Tupperware_Queen Posts: 1,794 Forumite
    ahh I see...I think
    Getting fit for 2013 - Starting weight 10.1.13 88.1kg
    Weight 27.3.13 79.1kg :( weight 2.4.13 79.9kg Weight 24.4.13 77.8kg. 4.6.13 76kg

    BSC member 331
  • diddly74
    diddly74 Posts: 822 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    I have set up my SO thru my bank - and they will get paid on the first of the month. But they are still stupid! lol
    Donna
    Economy; careful management; providence. Whether you call it thrifty or frugality it all comes down to getting more for your money.
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