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 Is it correct that I need to pay each month for 3 years ?

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T O P I C    R E V I E W
Sandra.01 Posted - 04 February 2012 : 08:54:09
She has been sent a letter advising she needs to pay 130 each month for 3 years for her bankruptcy and wants to know if this is right.
2   L A T E S T    R E P L I E S    (Newest First)
Viki.W Posted - 04 February 2012 : 10:05:18
Hi,

She will need to make sure she agrees with the figure before signing the agreement.

As Jan says, it's an income payment agreement for 3 years.



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/
Niobe Posted - 04 February 2012 : 09:01:34
Hi Sandra and welcome,

You have been given an Income Payment Agreement which will continue for three years unless your circumstances change.

Follow through
Make your dreams come true
Don't give up the fight
You will be alright
'Cause there's no one like you in the universe



Jan
xxx

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