My husband and I will be going bankrupt in a couple of weeks and we have arrears with our water supplier (they have never sent us a bill in over four years - I contacted them to sort it out and am waiting for them to get back to me).
Our IP said that we could include the arrears in the bankruptcy, which if we did this we would have surplus funds left over so we are likely to have an IPA......if we set up a direct debit to repay the water arrears then there won't be enough left over for an IPA to be set up.
Hope this makes sense? My question is are we allowed to do this? We would prefer for it to all be over and done within a year rather than three, as I am due to graduate next year and will hopefully be able to get a job, I really don't want to have to pay 70% of my new earnings straight into an IPA.
Hi guys,My husband and I will be going bankrup
Posted - 15 April 2010 : 22:18:34
