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Time needed to enforce IPA / IPO
Comments
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Yes i was just about to say that, what matters is to get the application before discharge not the actual IPO, also although they always ask for an IPA first rather than an IPO, technically they dont have to, they also dont technically have to give you 14 days to reply although it is their standard procedure. So the shortest possible time they could take action is to receive your notice of change of circumstances and they could in theory apply for an IPO the sameday. Although that is very unlikely to happen and would not moraly be the right thing to do, as has been previously stated in the thread the bankrupt does not moraly have to do the right thing if it is lawful, neither does the trustee.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.0 -
technically they dont have to, they also dont technically have to give you 14 days to reply although it is their standard procedure.
That's a good point.
I think a lot of people read it as the OR must give you 14 days at least to reply.
Or in other words, the OR can't take any other action until that time is up or you have replied. Whereas they can. Such as start or continue an IPO application for example.
The 14 days (or longer) is actually an obligation on the bankrupt, not the OR, to respond within that time frame.Free/impartial debt advice: National Debtline | StepChange Debt Charity | Find your local CAB
IVA & fee charging DMP companies: Profits from misery, motivated ONLY by greed0
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