All Forums  archive  bankruptcy postbag for july  Should I still be worried?

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Screensize: 640 x 480 800 x 600 1024 x 768 1280 x 1024 UserName: Password: Format Mode: Basic  Help  Prompt  Format: Font Andale Mono Arial Arial Black Book Antiqua Century Gothic Comic Sans MS Courier New Georgia Impact Lucida Console Script MT Bold Stencil Tahoma Times New Roman Trebuchet MS Verdana   Size 1 2 3 4 5 6   Color Black Red Yellow Pink Green Orange Purple Blue Beige Brown Teal Navy Maroon LimeGreen Message: * HTML is OFF * Forum Code is ON Smilies [quote][i]Originally posted by mst[/i] [br]Hello everyone, As promised I said I would post once I had completed my interview with the OR's Office. I had my face to face interview this morning at 9.30 and it lasted for 1 hour. During the interview I was asked various questions about my financial history and answered all the questions honestly and where I could not remember details I explained why. I had taken along bank statements, wage slips, credit card statements, information from creditors etc none of which were actually required. Towards the end of the interview I was asked about my expenditure that I had put on the SOA. All but £200 of my monthly salary had been accounted for by various bill payments, rent, mobile, gym membership etc. The OR was happy with all of the expenses bar two which were an £82 per month gym membership and £100 for TV, phone landline and broadband. He then added the £200 surplus with the £182 for these two expenses and then stated that I should be able to make a payment of £200 a month. I signed the form and that was that, all done in an hour. I have been advised that I should start paying on 1st September therefore allowing me August to pay back some of the money loaned for the BR expenses. I was also told to pay the OR's office any tax money that is reimbursed to me once the Inland Revenue adjusts my tax allowances. I was also asked to inform the OR if my wages are adjusted by anything over and above the current level of inflation (he actually said he was not interested if my salary increased by 4-5% but would be if it was 10% or more). My concern is that I was really worried that expenses such as £350 per month for food, toiletries, lunch at work etc would be quibbled but instead an awful lot of my expenses were just waivered. I have my signed copy of the Income Payments Arrangement but it was not signed by the interviewer? Does this mean that this arrangement is not finalised? I feel somewhat relieved following my interview but also worried that it all went so well and so quickly. I did ask if this arrangement could be rejected by the creditors but he told me no, the only way that it could be was if I did not agree to it in which case we would go to court and rather than waiver some expenses the OR would demand the industry guidelines (in other words it is in your interest to sign and accept it). Sorry for the ultra long blog, many of you would take no interest in my rambling but for those of you preparing for your interview with stubs of skin where your nails once existed, it was not at all the dreadful experience I had envisaged and instead it was all over very very quickly. By the way amidst these ramblings there are some questions, please any experts re-assure me that 36 monthly payments of £200 from 01/09/08 I will be debt free and back to a normal stress free life? mst [/quote]   Check here to include your profile signature.