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NT IPA Agreement - Bonus
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amy_5756
Posts: 6 Forumite
Hi everyone,
I was made bankrupt and signed a NT IPA Agreement until the end of the current tax year, I don't have surplus income so I didn't need to sign a IPA for any surplus to be collected each month. I was just wondering about my yearly bonus, if I received a £1000 bonus, I would inform the Official receiver as soon as it came through and I expect that it would be taken by the OR (which is absolutely fine), but I just wanted to know - Would this trigger a 3 year surplus income payment agreement going forward?
Thanks
I was made bankrupt and signed a NT IPA Agreement until the end of the current tax year, I don't have surplus income so I didn't need to sign a IPA for any surplus to be collected each month. I was just wondering about my yearly bonus, if I received a £1000 bonus, I would inform the Official receiver as soon as it came through and I expect that it would be taken by the OR (which is absolutely fine), but I just wanted to know - Would this trigger a 3 year surplus income payment agreement going forward?
Thanks
0
Comments
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You are right to tell them about your bonus...I wouldn't expect it to trigger an income surplus IPA
Is there any chance it could be delayed until after discharge0
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