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 Is money taken at source

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T O P I C    R E V I E W
Joe Posted - 29 September 2008 : 20:47:26
There is a possibility that after I have gone bankrupt that I may earn extra income in the form of commission. I understand that the OR can set up some sort of payment order/agreement. Is this money taken at source from my employers?

Joe
2   L A T E S T    R E P L I E S    (Newest First)
Suzanne Posted - 30 September 2008 : 09:30:22
Hi

No it is not taken at source, the collection agent will make an arrangement for you to pay it monthly, usually by standing order.

Suzanne Stocker
Bankruptcy Manager
Jones Giles Ltd
www.jonesgiles.co.uk
BankruptC Posted - 29 September 2008 : 21:01:36
Hi Joe,

No, I don't believe it's taken at source. I think the IPA (if you're eligible to pay one) is taken as a direct debit each month. I don't have one yet, but I think that's how it works.

Take care,

C. x

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