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 Maximum amount taken by OR in IPA

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T O P I C    R E V I E W
WINCHESTER78 Posted - 05 September 2008 : 14:22:26
HI.Does one of the experts know the answer to this:

I know that the OR can take upto 70% of disposable income under an IPA/IPO but is there an maximum amount that they can take.I ask because in Skippys forum on this site AND on the Insovency website the figure they go up to is £600 disposable.

Not that I'll be affected!!!Just a thought
2   L A T E S T    R E P L I E S    (Newest First)
JulianDonnelly Posted - 06 September 2008 : 13:47:33
Hi Winchester,

To the best of my knowledge, there is no maximum the OR can take in monetary terms, just 70% of DI.

Julian Donnelly
Spokesperson for www.Bankruptcyhelp.org.uk
Don't forget the helpline on 0800 078 9367
Needafriend Posted - 05 September 2008 : 14:55:33
Hi Win

I have no idea, maybe one of the other experts can answer that one and share that info with the rest of us.
sorry i cant help

And Remember To Keep Smiling
Jo :)

"There is light at the end of the tunnel, if you cant find it get a brighter torch"
You can read my updated blog here:
http://debtfreejo.blogs.bankruptcyhelp.org.uk/

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