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Scrutiny of bank statements
Navigator1
Posts: 39 Forumite
My partner declared bankruptcy 6 months ago and 6 months down the line has been asked by the OR to submit the last 6 months bank statements on order to set up an IPA. If the OR looks at the bank statements and decides that some of the spending was not sensible spending, can he come to the house and seize goods for the value of those amounts?
If he sees a positive balance in the account, decide that that needs to be paid to the OR and then set up an IPA for 3 years?
If he sees a positive balance in the account, decide that that needs to be paid to the OR and then set up an IPA for 3 years?
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Comments
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Hi when your partner had the interview with the O.R at the start of the br did they not look at bank statements then and go through the soa to see if there was a surplus for an ipa?
If so maybe this is just to see if any there are any changes.
Someone with more knowledge will be along soon x0
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