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Bankruptcy IPA when there is an income deficit

MoominTroll · 2019-02-18 13:01:07

I submitted my bankruptcy application with an income and expenditure deficit of over £600 per month. I was put on an NT tax code and had to sign an IPA agreement to pay the amount saved in tax (around £100 per month). After reading online it would appear that IPA agreements are only put in place if you have a disposable…

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A4445 Posts: 1,103 Forumite

2 March 2019 at 6:23PM

I didn’t wish to sound rude but the amount your spending is crazy. I can’t see the OR letting you keep most of that your really gonna have to make some cuts. It would be interesting what the OR says.

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Bankruptcy IPA when there is an income deficit

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