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 I have 8 months left of my IPO.

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T O P I C    R E V I E W
Lindsey.w Posted - 24 May 2016 : 02:28:21
I have 8 months left of my IPO I went bankrupt in 2014 was discharged in 2015i have since found out I'm pregnant and I am living in a one bedroom flat my mum ha 2 spare rooms and said I can move in with her and pay half the bills for the house how would this work for my IPO as I wouldn't have any direct debits goin out just a standing order to my mums account....
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Viki.W Posted - 24 May 2016 : 19:57:47
Hi Lindsay,

Congratulations!

When will you be taking maternity leave? It could be that your IPO will reduce or stop then depending on your surplus.

Just inform the official receiver that you've moved in with your Mum and what you're paying her, as long as it's a reasonable amount it will be fine.

Viki Warbrooke
Vincent Bond & Co
If you would like free advice on all options available and help with your bankruptcy or debt relief order applications, please contact me at http://www.vincentbond.com/about_us_Viki_Warbrooke.asp
Niobe Posted - 24 May 2016 : 08:58:24
Hi and welcome,

Will it make any difference to your income and expenditure if you move in with your mum?

Could you hang on until the IPA is finished? I know it's not ideal but a small baby would be sleeping in your room anyway for a while.

Congratulations by the way!!

The friend in my adversity I shall always cherish most. I can better trust those who helped to relieve the gloom of my dark hours than those who are so ready to enjoy with me the sunshine of my prosperity. – Ulysses S. Grant



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