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when does my IPA finish?
ontheroad_2
Posts: 328 Forumite
Hi all,
Been a long time, although I still occasionally read this board, I'm glad to see its still as friendly and supportive as it was for me in the run-up to our BR decision
.
So its been 3 years now since our BR date, I have an IPA, which started on 17th November 2010. I believe the IPA period runs for 3 years from the first date of payment of it, so does that mean my last payment of it should be the payment in October, or is my last payment this month? I think its finished now, last payment made in October, but can someone confirm this for me before I cancel the standing order?
Thanks,
Been a long time, although I still occasionally read this board, I'm glad to see its still as friendly and supportive as it was for me in the run-up to our BR decision
.So its been 3 years now since our BR date, I have an IPA, which started on 17th November 2010. I believe the IPA period runs for 3 years from the first date of payment of it, so does that mean my last payment of it should be the payment in October, or is my last payment this month? I think its finished now, last payment made in October, but can someone confirm this for me before I cancel the standing order?
Thanks,
0
Comments
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An IPA must not extend beyond 3 calendar years from the date it was agreed, so October would be the last payment.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 -
thank you fermi, i'll cancel the standing order now.0
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