OR contact first 12 months

george_112

Hi all, so two months in and it’s all quiet. I’ve a 10 month IPA for some of the council tax £30 and all my creditors seem to have been informed now as no contact and they have all changed at once to defaulted on my credit report. All have listed date of bankruptcy as default date except very. 

My question is am I likely to hear anything more from the OR? I know nobody knows for sure but generally is that it? 

Do my new bank accounts get monitored to ensure I’m spending my full allowances? I’m finding it strange as without debt I can have a really good quality of life but I’m still in the habit of just managing and the last two months I have managed to save a small amount from my allowances. 

Thanks everyone 

bradders1983

Nobody cares if you are not spending every penny allocated to you. 

And no once I had the original contact I didnt hear a peep ever again. 

george_112

Thanks, that’s what I hoped 

rcuj

bradders1983 said:

Nobody cares if you are not spending every penny allocated to you. 

Does that imply no one will care if people are chipping in from time to time to help you get by?

bradders1983

rcuj said:

bradders1983 said:

Nobody cares if you are not spending every penny allocated to you. 

Does that imply no one will care if people are chipping in from time to time to help you get by?

Yes. How do you expect they find out about such things? Unless you tell them or someone grasses you up, they wont know a thing.  They have better things to be dealing with.

And I speak from experience, i wont put anythint specific on the public forum as it will get deleted.

sourcrates

What bradders means is do things in cash, dont leave a papertrail, certainly don`t have "gifts" going through your bank account.

You are not scrutenised during bankrupcy, but occasionally someone may be chosen at random to be investigated, so best to be savvy beforehand, other people can do what they like with their own money, just use common sence so this cannot be flagged up anywhere.

bradders1983

Well I didnt want to say that, but yes. 

jayzor

Out of interest, once an IPA is completed, do they make contact? or do you simply just stop paying once it’s completed and sail off into the sun?

bradders1983

jayzor said:

Out of interest, once an IPA is completed, do they make contact? or do you simply just stop paying once it’s completed and sail off into the sun?

Nope. Final payment and didnt hear a word from either the OR or Clarke Wilmott (who were the company who took the payments when I did it, no idea if that is still the case)

sourcrates

jayzor said:

Out of interest, once an IPA is completed, do they make contact? or do you simply just stop paying once it’s completed and sail off into the sun?

In many ways a DRO and Bankrupcy are quite similar, your only contact is at the start of the arrangement, you complete your 12 months, or however long your IPA is for, and thats it, contact is minimal, basically you just get on with it and console yourself with the thought of why the hell didnt i do this sooner.

Click_safe91

I’m not sure that’s exactly true. I’ve been contacted multiple times by OR, Asset Manager and Clarke Willmott during my BR and it ended in July last year. I had an IPA payment to make for three years... so it ends in 2021. But I’ve been contacted with a questionnaire asking about any work bonuses etc etc. Within the first 5 months of BR my current basic bank account statements were requested to see whether or not I was following the budget given to me. 

I’ve always been honest with my OR regarding bonuses or increase to my salary, maybe I was wrong to do so?