Can I request my IPA to be annuled?

Tom9111

Dear all,

I've had an IPA order since november 2017 set at £450 but I couldnt keep up with the payments and asked for a review 8 months later, my IPA was essentially changed to £0 per month in August. However Im just making it from month to month and I was wondering if there is a possibility of my IPA being annulled?

My OR is currently reviewing my state of affairs, would this be a good ocassion to ask him for removal of IPA?

thanks

JCS1

It won't be annulled, but it can be suspended or the amount varied.

TheGardener

Once set, an IPA will last for 36 payments, it cannot be 'annulled' as such. However, the amount can be varied up or down during the lifetime of the IPA - it can be as low as zero. Its up to you to inform the OR of any changes of circumstances for better or worse during the 36 months. Even if set at zero - it will still only last 36 months.