We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
BRO / Discharge query..
Options
Morfx
Posts: 127 Forumite
Upon reading Debt Camel's advice pages, am I right in thinking I will not be discharged at the 12 month point because I accepted a BRO..?
I was under the impression I would be discharged at the 12 month point, but would be required to stick by the BRO rules (5 years) and continue to pay into my IPA for the 3 years.
I'm now a little confused.
Any clarification would be muchly appreciated.
See link below
https://debtcamel.co.uk/debt-options/bankruptcy3/
I was under the impression I would be discharged at the 12 month point, but would be required to stick by the BRO rules (5 years) and continue to pay into my IPA for the 3 years.
I'm now a little confused.
Any clarification would be muchly appreciated.
See link below
https://debtcamel.co.uk/debt-options/bankruptcy3/
0
Comments
-
Yeah! Her wording is a bit off. If you are subject to a BRO then you will be discharged at 12 months as long as you have complied with the OR but the restrictions of BR will stand for as long as your BRO is set for.1
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.6K Spending & Discounts
- 244K Work, Benefits & Business
- 598.8K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards