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 I've been paying to moon beaver £200 + monthly
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Ken.GF
Starting Member



3 Posts

Posted - 25 July 2011 :  12:44:52  Show Profile  Visit Ken.GF's Homepage  Reply with Quote
I've been paying to moon beever each month inexcess of £200. I thought this was a donation and I've been paying it for 20 months. I just want to know if I cancel my direct debit will I be in any trouble?

debtinfo
forum expert



2826 Posts

Posted - 25 July 2011 :  14:51:36  Show Profile  Reply with Quote
The ipa lasts for 36 months and is a legaly binding agreement. The only way it can be altered or stopped is. if you have had a change of circumstances which if you have had, you should report to moonbeever
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xmas baby
Average Member



537 Posts

Posted - 25 July 2011 :  15:35:14  Show Profile  Reply with Quote
A donation? I wish!

xmas baby
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Viki.W
forum expert



United Kingdom
2211 Posts

Posted - 25 July 2011 :  17:48:12  Show Profile  Reply with Quote
Hi Ken,

If your circumstances have changed and your disposable income has reduced, then contact moon beever and fill in a new income and expenditure. Don't cancel you payment until speaking to them.



Viki Warbrooke
Vincent Bond & Co
If you would like free advice on all options available and help with your bankruptcy petition please contact me at http://www.vincentbond.com/about_us_Viki_Warbrooke.asp
Please read my experience of debt via my blog at http://vikiw.blogs.iva.co.uk/
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