I am trying to understand the term “Responsible” with respect to an IPA. Will someone who had an IPA setup let me know whether they feel the Official Receiver was generous with what they allowed or were tight. Is it a case of anything more than a minimum wage income will be taken.
Basically what are other people’s experiences of an IPA?
I wasn't living in luxury during my IPA, but I was comfortable. My allowances were reasonable (see my blog). Don't forget you will only get an IPA if you have £100 or more left per month after your bills and living expenses.