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 Hi there, I am currently in an IPA, which has bden suspended

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T O P I C    R E V I E W
xmas baby Posted - 16 January 2012 : 17:06:47
Hi there,

I am currently in an IPA, which has been suspended due to lack of disposable income. My IPA expires in May 2012. If the IPA remains suspended until that date, does this mean my IPA payments cease on that date even if my disposable income rises? When they say 'suspended' they don't mean they can reinstate the payments even after your 3 years IPA comes to term, can they?

Thanks

xmas baby
2   L A T E S T    R E P L I E S    (Newest First)
xmas baby Posted - 17 January 2012 : 11:50:38
Thanks for confirming Viki.
Viki.W Posted - 16 January 2012 : 19:24:50
If your disposable income changes after the 36 months are up, then, no, you don't need to inform them.



Viki Warbrooke
Vincent Bond & Co
If you would like free advice on all options available and help with your bankruptcy petition please contact me at http://www.vincentbond.com/about_us_Viki_Warbrooke.asp
Please read my experience of debt via my blog at http://vikiw.blogs.iva.co.uk/

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