Struggling Mentally/Emotionally With Bankruptcy Process

flipflopflo

Yes. That’s the point of an IPA it can be adjusted up, down or even suspended as your circumstances change. So if you get promoted and have a wage increase then you could pay more. If you are lose your job then your payments could be suspended. The suspended months count in the 36 months so you won’t pay any more past the 36 months. 

Hope that makes sense to you. 

ETA that the insolvency service and HMRC talk to each other so if you don’t tell them about a wage increase then they will find out and could come after you for the money.