HOME  FORUM  MEDIA  EVENTS  ARTICLES  TV  BLOGS
•Home
Bankruptcy:
•Bankruptcy Information Center
•What is Bankruptcy?
•Is Bankruptcy right for me?

•How to declare Bankruptcy?
•What happens to my assets?
•Bankruptcy and credit rating

Forum:
•forum
•register
•search
•faq
•experts

Blogs:
•Bankruptcy News
•More...

Media Room:
•Press releases
•Media Coverage

Other:
•About BankruptcyHelp
•Links
•Contact us
•Debt Glossary
•Insolvency jobs


FORUM
  > Browse and post on our forum
Home   |   Profile   |   Register   |   Active Topics   |   Members   |   Search   |   FAQ

Welcome to our Forum, please register if you want to post

 All Forums
 New Questions
 Forum Questions
 IPA

Note: You must be registered in order to post a reply.
To register, click here. Registration is FREE!

Screensize:
UserName:
Password:
Format Mode:
Format: BoldItalicizedUnderlineStrikethrough Align LeftCenteredAlign Right Horizontal Rule Insert HyperlinkInsert EmailInsert Image Insert CodeInsert QuoteInsert List
   
Message:

* HTML is OFF
* Forum Code is ON
Smilies
Smile [:)] Big Smile [:D] Cool [8D] Blush [:I]
Tongue [:P] Evil [):] Wink [;)] Clown [:o)]
Black Eye [B)] Eight Ball [8] Frown [:(] Shy [8)]
Shocked [:0] Angry [:(!] Dead [xx(] Sleepy [|)]
Kisses [:X] Approve [^] Disapprove [V] Question [?]

 
Check here to subscribe to this topic.
   

T O P I C    R E V I E W
grace347 Posted - 08 February 2009 : 12:49:36
Hi there everybody,

Quick question, if after your OR interview you have an IPA and in the following months your income drops to below the level that the IPA covers, would this mean that the IPA would be stopped and also if this is within the first 12 months prior to discharge does this mean that the IPA would be stopped or would our income still be monitored for the full 3 years?

Many thanks

Jen x
2   L A T E S T    R E P L I E S    (Newest First)
grace347 Posted - 11 February 2009 : 13:30:09
quote:
Originally posted by John

Hi grace / jen

many congrats on your new arrival, quite a size!!!

Once you are in an IPA it will mean that your I&E will need to be monitored for 3 years whether it starts pre or post discharge.

Each and every time your circumstances in respect of I&E changes you are legally bound to notify the OR for reassessment and likely variation. The key therefore if it is at all posiible is to get discharged before an IPA can be proposed.

Rightly or wrongly I have known many in your situation delay their return to work until post discharge for this very reason.

It's the moral issue again and the decision of each and every individual bankrupt.


timendi causa est nescire




Hi there John,

Many thanks for the reply, I thought as much, just wanted to check.

Yes she was a good size! It was quite a shock to say the least, especially as our first daughter was only 7lbs 13oz!

Jen x
John Posted - 08 February 2009 : 14:00:24
Hi grace / jen

many congrats on your new arrival, quite a size!!!

Once you are in an IPA it will mean that your I&E will need to be monitored for 3 years whether it starts pre or post discharge.

Each and every time your circumstances in respect of I&E changes you are legally bound to notify the OR for reassessment and likely variation. The key therefore if it is at all posiible is to get discharged before an IPA can be proposed.

Rightly or wrongly I have known many in your situation delay their return to work until post discharge for this very reason.

It's the moral issue again and the decision of each and every individual bankrupt.


timendi causa est nescire

bankruptcyhelp.org.uk Forum © bankruptcyhelp Go To Top Of Page
Powered By: Snitz Forums 2000 Version 3.4.06