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 bankruptcy postbag for july
 just wondering the chances of paying an ipo/ipa		  New Topic  Reply to Topic
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carl.m
Junior Member

170 Posts
Posted - 30 June 2008 :  19:33:04  Show Profile  Reply with Quote
hi there,went bankrupt about 6 weeks ago had telephone interview next day and heard nothing since just got to send first bank statement,just wondering the chances of paying an ipo/ipa. owed 41,000 have £200 pm left thanks

m and v
Average Member



United Kingdom
760 Posts
Posted - 30 June 2008 :  19:40:26  Show Profile  Reply with Quote
Hi carl - welcome to the forum.
If you have a look at Skippy's blog - there is a list of IPA's based on disposable income.
In theory you should pay a % of the £200 but I hope no news is good news!

Vicki x
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JulianDonnelly
Junior Member



United Kingdom
325 Posts
Posted - 02 July 2008 :  11:55:11  Show Profile  Visit JulianDonnelly's Homepage  Reply with Quote
Hi Carl and welcome to the forum.

If you declare a disposable income in excess of £100 a month, then the OR will ask you to sign an IPA where they'll take between 50-70% on a sliding scale.

Regards

Julian Donnelly
Spokesperson for www.Bankruptcyhelp.org.uk
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melanie_giles
Senior Member



1191 Posts
Posted - 02 July 2008 :  23:53:02  Show Profile  Visit melanie_giles's Homepage  Reply with Quote
I would think that you will be paying in the region of £100 per month, but this will be entirely at the OR's discretion.

For an informal chat about any financial difficulties, or advice as to the options available, I can be contacted via my website - www.melaniegiles.com
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