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T O P I C R E V I E W
lowrikn464
Posted - 16 April 2010 : 11:52:54 I was made bankrupt in September 2009 and currently working part time earning approx £1.2k/month. If my pay increased to £4k/month how would that affect my early discharge and monthly repayments? Could they prolong my period of repayments?
1 L A T E S T R E P L I E S (Newest First)
Richard P
Posted - 16 April 2010 : 13:28:36 Hi Lowrikin
if you have an increase in your income you must notify the OR within a month.
they will then review your income and expenditure
Disposable income over £99 may result in a 3 year IPA the amount that you pay will be between 50 - 70% of the total