| T O P I C R E V I E W |
| ddonna |
Posted - 22 February 2011 : 15:14:59
Hi everyone,just had a bit of good news today my insolvancy clerk has rang to advise us the he is now applying for ED and we should be discharged in may/june at the latest!!!!Can anyone advise me what will be happening now? he advised me that he has just sent the new I&E forms ,but what else will be happening
Thanks |
| 7 L A T E S T R E P L I E S (Newest First) |
| ddonna |
Posted - 22 February 2011 : 16:58:22
Thanks Vicki for explaining,Id posted this thread before i emailed you! Fingers crossed i'll not get an IPA.Thanks for all the advice everyone and i'll keep posting to let you know what happens xxquote:
Originally posted by Viki.W
As Glafy has said, Donna will be assessed under the new rules, but I've looked at her income and expenditure and doubt she will get an IPA.
Viki Warbrooke
Vincent Bond & Co
If you would like free advice on all options available and help with your bankruptcy petition please contact me at http://www.vincentbond.com/about_us_Viki_Warbrooke.asp
Please read my experience of debt via my blog at http://vikiw.blogs.iva.co.uk/
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| Viki.W |
Posted - 22 February 2011 : 16:48:56
As Glafy has said, Donna will be assessed under the new rules, but I've looked at her income and expenditure and doubt she will get an IPA.
Viki Warbrooke
Vincent Bond & Co
If you would like free advice on all options available and help with your bankruptcy petition please contact me at http://www.vincentbond.com/about_us_Viki_Warbrooke.asp
Please read my experience of debt via my blog at http://vikiw.blogs.iva.co.uk/ |
| glafy |
Posted - 22 February 2011 : 16:33:42
ddonna that is great news.
I am realy pleased for you.
Which OR office are you with?
From what I have read I don't think you will be getting anything else, apart from the new I&E form, from the OR.
As you haven't had an IPA you will be assessed under the new rules & I'm sure you will be fine. Expenditure has risen so much recently hasn't it?
You will have to keep an eye on the online Insolvency Register to see when you ED goes through. I beleive the OR doesn't inform you of when it actually happens.
Don't forget to print numerous copies of your discharge notice as you will be charged for them at a later date.
Again Cograt's & let us know when the deed is done.
"Good things come to those who wait".....I'm a patient person but this is taking the Mickey!! |
| moodybluetwo |
Posted - 22 February 2011 : 16:17:41
This is the grey area...in the insolvency guide it states..
"where the initial assessment is made on or after 1 December 2010 (regardless of the date of the bankruptcy order) and the bankrupt has surplus income of £20 or more, the full amount of this surplus income should be sought by way of monthly payments under an IPA (or an IPO if an IPA cannot be agreed)" what is the initial assesment?
Bigal...any ideas? |
| Viki.W |
Posted - 22 February 2011 : 16:11:21
Great news Donna, I'm so happy for you.
Viki Warbrooke
Vincent Bond & Co
If you would like free advice on all options available and help with your bankruptcy petition please contact me at http://www.vincentbond.com/about_us_Viki_Warbrooke.asp
Please read my experience of debt via my blog at http://vikiw.blogs.iva.co.uk/ |
| Skippy |
Posted - 22 February 2011 : 15:42:57
That's good news!
Do you already have an IPA? If so you will be assessed under the old rules and won't be able to include anything for emergencies.
View my blog at http://skippy13.blogs.iva.co.uk/
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! |
| moodybluetwo |
Posted - 22 February 2011 : 15:33:32
Thats good news...think mine will run its course.Anyhow the main thing for you now is to sort out your SOAs...things have gone up since October..you should just come in below £20 me thinks :-) |
