HOME  FORUM  MEDIA  EVENTS  ARTICLES  TV  BLOGS
•Home
Bankruptcy:
•Bankruptcy Information Center
•What is Bankruptcy?
•Is Bankruptcy right for me?

•How to declare Bankruptcy?
•What happens to my assets?
•Bankruptcy and credit rating

Forum:
•forum
•register
•search
•faq
•experts

Blogs:
•Bankruptcy News
•More...

Media Room:
•Press releases
•Media Coverage

Other:
•About BankruptcyHelp
•Links
•Contact us
•Debt Glossary
•Insolvency jobs


FORUM
  > Browse and post on our forum
Home   |   Profile   |   Register   |   Active Topics   |   Members   |   Search   |   FAQ

Welcome to our Forum, please register if you want to post

 All Forums
 New Questions
 Forum Questions
 Changing Jobs and Getting a car

Note: You must be registered in order to post a reply.
To register, click here. Registration is FREE!

Screensize:
UserName:
Password:
Format Mode:
Format: BoldItalicizedUnderlineStrikethrough Align LeftCenteredAlign Right Horizontal Rule Insert HyperlinkInsert EmailInsert Image Insert CodeInsert QuoteInsert List
   
Message:

* HTML is OFF
* Forum Code is ON
Smilies
Smile [:)] Big Smile [:D] Cool [8D] Blush [:I]
Tongue [:P] Evil [):] Wink [;)] Clown [:o)]
Black Eye [B)] Eight Ball [8] Frown [:(] Shy [8)]
Shocked [:0] Angry [:(!] Dead [xx(] Sleepy [|)]
Kisses [:X] Approve [^] Disapprove [V] Question [?]

 
Check here to subscribe to this topic.
   

T O P I C    R E V I E W
Marianne99 Posted - 08 September 2008 : 11:15:34
Hi,

I'm hoping somebody can help me,I'm a little confused as to where I stand.

I was discharged on 24th Aug this year, but I am subject to an IPA which finishes in Nov 2010.

i am looking into changing my job, however I currently have a company car, and will obviously lose this when I leave. The positions tha tI will be applying for require a lot of travelling and they don't supply a comapny car, so I will need to get one.

My parents ahve offered to help me and I can pay them £50 per month for it, until my IPA is finished. I just have to pay everything else.

Now a new job will be for a higher salary, and I don't want to reduce my IPA payment, I may even be able to increase it, but I need to be able to have car payments - to parents, insurance, fuel, tax, repairs etc - taken into consideration when my IPA is reviewed based on my new salary.

I need to know if this is possible, as I am eager to progress my career, and now is the time to do it. I don't want to have to wait until 2010. Without a car I am limited to what I can apply for, and in what areas.

I would be so grateful for any advice.

I have already written to my IP to ask, but I thought I might get an idea more quickly from here.

Thanks in advance.

Marianne

Bankrupt Aug 2007, Life has started again!
2   L A T E S T    R E P L I E S    (Newest First)
JulianDonnelly Posted - 08 September 2008 : 15:56:59
Hi Marianne,

As Jo says, if you speak to the OR (you are obliged to let them know about any changes in your personal circumstances), they can amend your IPA accordingly.

Julian Donnelly
Spokesperson for www.Bankruptcyhelp.org.uk
Don't forget the helpline on 0800 078 9367
Needafriend Posted - 08 September 2008 : 12:26:03
Hi Marianne

I cant see that being a problem, you just inform the OR that you need to change the I&E form and then the IPA will adjust.

As long as they know i would say it would be fine.

Maybe someone else will be able to offer more advice and if im wrong correct me, if its your parents buying it then like you said you dont even have to mention to the OR that your paying the £50 per month take it out of your DI and then inform the OR that you have been given a vehicle and that you have the duty to keep it on the road.
If im wrong someone will correct me no doubt.
Good luck

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 Needafriend's New Life- A Debt Free One! blog here:
http://debtfreejo.blogs.bankruptcyhelp.org.uk/

bankruptcyhelp.org.uk Forum © bankruptcyhelp Go To Top Of Page
Powered By: Snitz Forums 2000 Version 3.4.06