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T O P I C R E V I E W
taraog
Posted - 10 February 2011 : 08:46:15 Hi There, I was made bankrupt in May 2010. I have been unemployed since then. I have heard about IPAs and know that as of this year they take all of your surplus income. My question it this.... If I got a job after I got discharged in may will I have to enter an IPA. I ask because i plan to leave the UK to find work as i cant find it here and need to make an informed choice
3 L A T E S T R E P L I E S (Newest First)
Richard P
Posted - 10 February 2011 : 11:41:51 the OR may elect to review your income and expenditure before Early discharge or automatic discharge.
They will send a form asking for an update.
as a BR you have responsibility to inform OR of any change of income within 21 days.
if you get the chance of a job even if it is overseas go for it.
BR is all about you and realigning your lifestyle. a fresh start
RIchard
Viki.W
Posted - 10 February 2011 : 10:21:01 If you haven't had an IPA set up before your discharge, then if you get a job after dischsrge, you don't need to inform the OR and no, you won't have to pay an IPA.
