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T O P I C R E V I E W
s10
Posted - 01 March 2010 : 21:21:37 Hi All
I wondered if someone could confirm, whether or not I can just stop paying my IPA payements.
I was declared BR in June 08 released June 09, but I am currently in a 5 year BRU, with 3 year IPA agreement due to end in 2011.
However I have been told by ceratin parties (including the OR) that if I decided to stop paying the agreed IPA payments, there is nothing (technically) they can do!
As the payments are nearly £200 per month, I am starting to struggle with this amount, and really have to watch the pennies. Any advice would be greatly appreciated. Kind Regards
S10
2 L A T E S T R E P L I E S (Newest First)
s10
Posted - 01 March 2010 : 22:34:44 Hi Debtinfo Thanks for the information. I might get the IPA reassessed.
Regards
S10
debtinfo
Posted - 01 March 2010 : 22:26:01 If your circumstances have changed you can have the IPA reassessed, if you just do not want to pay then the IPA is a legal agreement and the OR can take appropriate measures to secure payment.