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 pa - what if i had to stop working?

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T O P I C    R E V I E W
bang up Posted - 10 March 2009 : 10:13:01
hi all,

please tell me what would happen to my ipa if i was forced to stop working due to ill heath?

thanks
1   L A T E S T    R E P L I E S    (Newest First)
Melanie.n Posted - 10 March 2009 : 11:21:30
Your IPO is a reflection of your disposable income(DI) - if you have a DI in excess of £100 you will be liable for an IPO. If however, your circumstances change and your income drops so would the available DI and an IPO may no longer be required. If this happens get in tough immeadiately with your OR (or Moon Beaver who administer the IPOs on behalf of the OR) and your IPO will be reviewed.
Hope this helps

Melanie Nicholas
28 years insolvency experience - 23 of which in the Insolvency Service
- Insolvency Manager
Jones Giles

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