IPA Payment

***catherine***

Hi all

I had my OR interview yesterday and now my IPA payment has been agreed. The amount was much less than what I was expecting. I am wondering if it has been worked out on the old IPA rules? They are sending me the paperwork to sign.

Is there a possibility that this amount could change before I have to make my first payment? Could Moonbever change the amount that was agreed by the OR? or as the amount as been agreed and once I have signed the forms it has to stay at that amount?

Thanks:)

IF

Hi catherine, just out of interest what was your surplus and how much are you paying?? If you don't want to post this I understand. Once you have signed the IPA agreement I would of thought they wouldn't be able to go back on it.........but hopefully someone can confirm this. Debtinfo we need you

Best wishes
If...x

***catherine***

IPA payment is £210.00 lower than my surplus.

If this is right I hope the forms come through quick!

IF

***catherine*** wrote: »

IPA payment is £210.00 lower than my surplus.

If this is right I hope the forms come through quick!

Thanks catherine, all we know is this "In all cases from DEC 1st 2010, the FULL amount of surplus income above £20 should be sought via an IPA." So I have my fingers crossed the forms do come through quickly too x

Best wishes
If...x

NekoZombie

***catherine*** wrote: »

IPA payment is £210.00 lower than my surplus.

If this is right I hope the forms come through quick!

This would be incorrect under the old system too - sounds like an error on their part!!! :beer:

***catherine***

Once I have signed the paperwork agreeing to the IPA amount they have given me now can they change it and take all the surpluss?

tigerfeet2006

Once you have signed the paperwork then there is a cooling off period and then it comes into force.

Neko, I think that the OP missed out a comma in that sentance

IPA payment is £210.00, lower than my surplus.

Which would mean she was assesed on the old rules I am guessing.

debtinfo

Once both you and the OR have signed it, it is legally binding. Until that point they could technically still change it, but that would be most unusual