We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

restriction order and lost job

What is the upshot of being given a restriction order for failing to cooperate and then not being able to pay if employment is ended?

Comments

  • Do you have a IPO or an IPA?
    AD March 2014
    rebuilding my life :grinheart
  • If not still let the official receivers office who dealt with your case (as you have to speak to them about ANY financial changes in your life within 21 days IPA or not)
    Not quite a newbie as you think ;);) (the member formally known as philnicandamy!)

    FINALLY a qualified CAB debt caseworker 2015..:p
    BSC 58 :D
  • alastairq
    alastairq Posts: 5,030 Forumite
    A BRO/BRU focusses on the restriction bankruptcy imposes [whilst undischarged, for example, not allowed to be a Director, etc etc] by extending the time they are in place.

    A change in financial circumstances [job loss, for example] means the OR needs notifying, as per phils post above, if Undischarged. Once AD [even if a BRO is in place], if no surplus-based IPA agreed, then the above need not be done.

    If an IPA is in place, then OR needs notifying so that any payments, can be varied to suit.
    No, I don't think all other drivers are idiots......but some are determined to change my mind.......
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.4K Banking & Borrowing
  • 254.4K Reduce Debt & Boost Income
  • 455.4K Spending & Discounts
  • 247.3K Work, Benefits & Business
  • 604K Mortgages, Homes & Bills
  • 178.4K Life & Family
  • 261.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.