| T O P I C R E V I E W |
| andymac |
Posted - 04 July 2008 : 18:30:12
Hi,
I went BR at the end of last year, and have an IPA set up, being made monthly.
Just received a letter from Clarke Wilmott saying that my payments are now complete, and that I need to cancel my standing order payment......
They say they have also written to the OR to notify them.
I assume the OR or Clarke Wilmott will discover they have made a mistake, but what if they dont? kepp quiet? be honest?
I think if nobody notices, I will pay the monthly amount into a savings account just in case they come back in 6 months time. |
| 14 L A T E S T R E P L I E S (Newest First) |
| JulianDonnelly |
Posted - 08 July 2008 : 15:28:51
Hi Broke and welcome to the forum.
It's always great to see a new member willing to share their own experiences with the forum.
Regards
Julian Donnelly
Spokesperson for www.Bankruptcyhelp.org.uk |
| broke100 |
Posted - 07 July 2008 : 19:55:06
Hi
I think as in many a case there are glaring inconsistencies among the many OR offices around the country. One thing that is standard is the length of an agreed IPA which is 36 months. Obviously CW have made an error in your case and at some point it will surface and you will be asked for the money. The OR may even suggest that as you signed the original binding agreement to make the monthly payments the onus is with you to make these payments? My wife and I went BR last year and agreed an IPA amount and both were NT tax coded. We paid the IPA and tax each month till April and then adjusted the figure back to the agreed IPA amount which we have continued to pay. Other than having endured a not very pleasant face to face interview the rest of the BR has been very strange. Neither of us received any confirmation from the OR that we could keep our cars (both within the financial limit - just) however our agreed IPA covered the cost of running both cars which answered that question. Next we were told that our case had gone to the RTLU followed soon after by original early discharge certificates stamped by the court. One of our letters informing of a pay rise (sent recorded delivery) has never been answered and I declared a bonus which again I had to sign an IPA to agree to pay it to the OR. I was told that CW would collect this money which was over 9 months ago - not a word from CW - I still have the money tucked away. Also the IPA form which I and the OR signed was the old style one which has the wording that states you only need to inform the OR of any increase in wages until the point of discharge!! So as you can see we all seem to follow a slightly different path to financial freedom but be carefull - you would not want the OR to apply for a IPO thinking that you had ceased to make payments off you own back.
I hope this has been helpfull
Good luck |
| Suzanne |
Posted - 07 July 2008 : 16:13:47
I think this is one of the dangers of standard letters, and not treating people as individuals.
Suzanne Stocker
Bankruptcy Manager
Jones Giles Ltd
www.jonesgiles.co.uk
|
| andymac |
Posted - 07 July 2008 : 15:14:15
That would explain it, however if that was the case, you would expect the letter not to state in bold capitals at the bottom that
"if you have set up a standing order from your bank to us, it is your responsibilty to ensure that it is cancelled" |
| Suzanne |
Posted - 07 July 2008 : 14:50:44
andymac
Sorry to pee on your chips, but I think Clarke Wilmott have been running the IPA separately and they are only referring to the NIL tax one. They are still expecting you to pay the other one.
If you are not convinced, pay the money into a savings account, because if it is as I suspect they will be writing soon.
Suzanne Stocker
Bankruptcy Manager
Jones Giles Ltd
www.jonesgiles.co.uk
|
| andymac |
Posted - 07 July 2008 : 13:29:52
So, if it does fall through the net, do you get a written confirmation from the OR? |
| JulianDonnelly |
Posted - 07 July 2008 : 13:18:49
Hi Andymac,
Be grateful!
Regards
Julian Donnelly
Spokesperson for www.Bankruptcyhelp.org.uk |
| melanie_giles |
Posted - 06 July 2008 : 14:31:08
Yes
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 |
| andymac |
Posted - 06 July 2008 : 13:28:45
Thanks Melanie.
However I know for a fact it was a NIL code until April, plus a monthly amount for 36 months, I just doube checked the paperwork.
It is an error. |
| melanie_giles |
Posted - 05 July 2008 : 11:42:11
Then I suspect that your IPA was only for tax purposes, and that now your coding has been readjusted at the start of the new tax year, that there is nothing else to pay.
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 |
| andymac |
Posted - 05 July 2008 : 09:24:55
PAYE |
| melanie_giles |
Posted - 04 July 2008 : 23:33:23
Are you on PAYE or self-employed?
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 |
| kramsenrab |
Posted - 04 July 2008 : 22:24:56
Hi we have looked at an IVA but it seems that BR is the only realistic way to go. What is the situation with paying tax as a br? I am worried about so many things, I hadn't even thought about that...
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| Dee |
Posted - 04 July 2008 : 21:15:38
Hi
Are you sure it was an IPA and not your tax which you have to pay to the OR for the tax year in which you are made BR. I dont have an IPA but Y have a standing order which I will pay over my tax once my employers have set my tax code to nil. I will pay this Standing order until the end of the next tax year.
Just a thought
Dee |
