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IPA after bacruptcy
eddiezola
Posts: 2 Newbie
I was made bankrupt in August, I am off sick from work at the moment, but when I
return I fear my hours will be reduced or a medical retirement.
I think
with my reduced hours my take-home pay will be £1738.45 with NT tax
code.
The budget sheet I have done comes to £1742.92 Does anyone think
an IPA will be set ?
0
Comments
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Also if medical retirement comes they will probably pay me a lump sum the OR will take this will he not?0
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Hi,No IPA on those figures.You need at least a £20 surplus in order for an IPA to be concidered.They may only take a portion of the lump sum, it depends on the circumstances, and if it forms part of a pension or not.I’m a Forum Ambassador and I support the Forum Team on the Debt free wannabe, Credit file and ratings, and Bankruptcy and living with it boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.For free non-judgemental debt advice, contact either Stepchange, National Debtline, or CitizensAdviceBureaux.Link to SOA Calculator- https://www.stoozing.com/soa.php The "provit letter" is here-https://forums.moneysavingexpert.com/discussion/2607247/letter-when-you-know-nothing-about-about-the-debt-aka-prove-it-letter0
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Hi I have been discharged from bancrupsy but have 13 mnths left on my IPA..I received a call from advantis tell my that clarke willmott are no longer collecting from me and that I now I owe them my IPA debt...Does anyone know if this is correct and clarke willmott are no longer in business ?0
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This is correct. The Insolvency Service has changed collection agents.kazzaaanne said:Hi I have been discharged from bancrupsy but have 13 mnths left on my IPA..I received a call from advantis tell my that clarke willmott are no longer collecting from me and that I now I owe them my IPA debt...Does anyone know if this is correct and clarke willmott are no longer in business ?1 -
In any case, I would still be asking for something in writing, and not paying another company on the back of just a phone call.1
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Fine, but while you're waiting for this don't spend the IPA contribution as you'll have to settle any arrears.bradders1983 said:In any case, I would still be asking for something in writing, and not paying another company on the back of just a phone call.0 -
That goes without saying. If I got a phone call off a company I had never dealt with before demanding money, I would certainly be asking for something in writing.Minkym00 said:
Fine, but while you're waiting for this don't spend the IPA contribution as you'll have to settle any arrears.bradders1983 said:In any case, I would still be asking for something in writing, and not paying another company on the back of just a phone call.0 -
I have tried ringing clarke willmott re new collection agency and they do not answer their phone,,does anyone know who new collection agency for the insolvency are?0
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I pay Advantis for my council tax IPA1
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Advantis for me too..0
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