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| T O P I C R E V I E W |
| andymac |
Posted - 13 June 2008 : 08:51:23
I recently was fortunate to be awarded a big payrise, increasing my take home pay by £ 350 per month.
I duly filled in the IPOQ and returned it, increasing a few monthly costs by a small amount like fuel etc.
I was extremely amazed to receive the letter yesterday from the OR stating that they would not be increasing my IPA payments! I was simply gobsmacked, I was obviously thinking they would want at least a few hundred per month more. |
| 3 L A T E S T R E P L I E S (Newest First) |
| melanie_giles |
Posted - 15 June 2008 : 17:57:41
Probably too tedious for a Civil Servant to do the paperwork, and yet another example of the advantages of bankruptcy over an IVA. It may be great news for you - but hardly so for your creditors.
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 |
| JulianDonnelly |
Posted - 13 June 2008 : 20:16:18
Hi Andymac,
That's great news. With an IPO/IPA, the OR takes between 50-70% of your disposable income. Given you cooperated fully in signing an IPA, my guess is the OR decided to give you a break. Enjoy it!
Regards
Julian Donnelly
Spokesperson for www.Bankruptcyhelp.org.uk |
| m and v |
Posted - 13 June 2008 : 09:38:45
Excellent news Andy!
Hope my Friday 13th is as lucky!!!
Vicki x |
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