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T O P I C R E V I E W
carl
Posted - 11 September 2010 : 13:39:33 Hello all
I wondering if anyone can answer the following?
1 Following from from my OR's interview two weeks ago, I have recieved a letter from her confirming receipt of all the informaion that I supplied to them in relation to my debts (bank statements, creditcard statements etc etc) What are the stages that the OR goes through from this point?
2) The OR said that she is not interested in my vehicle (valued at £1000 and required for work.) She said that I will receive a letter confirming this in the post. Any idea's how long this may take?
3) I hold approx £250 in premium bonds which I have declared on my SOA. The OR told me that these will have to be surrendered. Do I just send these to the OR via the post or do I cash them in and send the OR the money?
Thank you for any replies
3 L A T E S T R E P L I E S (Newest First)
Reviva UK
Posted - 12 September 2010 : 22:57:46 The OR will write and ask you to send the certificates for the Premium Bonds so they can cash them.
they are quite methodical so don't worry they are unlikely to miss anything but it does all take time
Paul Johns Bankruptcy Specialists Reviva UK www.revivauk.com 08454 751 851
Real People ..... Real Debt Solutions
Skippy
Posted - 12 September 2010 : 22:17:24 I got the letter about my car a couple of weeks after my interview.
I was allowed to keep my premium bonds if my partner sent the OR a cheque for the value. I had less than you, so I don't know if that made a difference.
Only when the last tree has died, the last river has been poisoned and the last fish has been caught will we realise that we cannot eat money.
Last IPA payment made on 28th June 2010 - it's over at last!
gettingoutofdebt
Posted - 12 September 2010 : 08:33:34 Normally you will receive a letter from the OR about 3 weeks or so after the interview confirming the car is exempt from the BR.
The OR will also contact you regarding the premium bonds. I am not too sure whether they will ask you to cash them in or to send them to the OR so it is best to wait.
If you are liable for an IPA you will receive a letter in 2-3 months stating how much your IPA will be and asking you to sign a letter confirming you agree with this amount. A few weeks later you will receive a letter from MoonBeever who are the solicitors who collect the IPA on behalf of the OR advising how to set up the payment i.e. Standing Order, account details, etc.
Other than that you probably won't hear from the OR unless you have any property/other assets or if the OR needs clarification on certain things.
