initially but then later your circs change. Can the OR make you pay into one at any time in the 3 years? I don't think that I will get one initially as am currently on long term statutory sick pay and do not expect to go back to my current job, will probably be on benefits afterwards. Hopefully after bankruptcy, my medical probs (stress/anxiety) will get better and I will become a fully functioning member of society and get another job!! So can they make me pay something later?
Hi As far as I understand it, as im in the same boat as you, the OR has a year to decide to implement an IPA/O otherwise you are then discharged as bankrupt, unless you dont comply or there is fraud in your case.
There is opportunity for quick discharge ie in 4 or 6 months from the bankruptcy.
If your circumstances change in the next year or before you are discharged then yes he could implement one.
Thanks Guys. I am hoping for an early discharge - although I know that's not guaranteed!! I have not used any credit whatsoever in over a year and my debts are mostly from 3/4 years ago. Know that I can never pay them back although I still can't quite believe this has happened to me and I need to move on now!!
IPA/IPO - what happens if you don't get one.
Posted - 18 January 2009 : 16:04:58
