Refund into 'frozen' account - OR claimed refund
yellowbackpack
Forumite 7 Posts
Hello everyone
I'm about 6 months into my bankruptcy now and I've found that it's all been smooth sailing until this week.
I received 2 refunds this week for events that have been cancelled due to COVID-19, one was a £90 holiday deposit and another was £175 for a concert but they've both unfortunately gone into my supposed frozen account which I'm unable to access.
After going back and forth for 3 days with the OR office and proving that 2 of my friends paid for the tickets, they advised they'd allow me to withdraw the cash for my friends' tickets only and that they would claim the other refunded amounts as assets - which isn't great as I could have done with the cash but it is what it is.
I'm now worried that this may trigger an IPA payment as I'm within my first 12 months of Bankruptcy. I still earn the same amount of money, which is -£420 according to my income and expenditure report and I never, ever see a surplus (I always have to get family to assist me). Would the OR claiming this amount be a separate thing? I've emailed the OR office but they are yet to respond. I'm going out of my mind and hoping one of you may be able to shed some light on it before a sleepless night occurs!
Thanks for any advice!
I'm about 6 months into my bankruptcy now and I've found that it's all been smooth sailing until this week.
I received 2 refunds this week for events that have been cancelled due to COVID-19, one was a £90 holiday deposit and another was £175 for a concert but they've both unfortunately gone into my supposed frozen account which I'm unable to access.
After going back and forth for 3 days with the OR office and proving that 2 of my friends paid for the tickets, they advised they'd allow me to withdraw the cash for my friends' tickets only and that they would claim the other refunded amounts as assets - which isn't great as I could have done with the cash but it is what it is.
I'm now worried that this may trigger an IPA payment as I'm within my first 12 months of Bankruptcy. I still earn the same amount of money, which is -£420 according to my income and expenditure report and I never, ever see a surplus (I always have to get family to assist me). Would the OR claiming this amount be a separate thing? I've emailed the OR office but they are yet to respond. I'm going out of my mind and hoping one of you may be able to shed some light on it before a sleepless night occurs!
Thanks for any advice!
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