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carl
Junior Member
115 Posts |
 Posted - 30 July 2011 : 14:39:30
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Hello all
Well Im into the final 4weeks of my BR. I can honestly say the time has flown by and waiting a year hasnt been as bad as I thought.
My question is what usually happens in thr final month of BR? my circumstances were reviewed at the 8month stage by the OR and I never heard anything back so I havent been made to pay an IPA/IPO.
Is there anything I should be doing or shouldnt be doing at this stage?
Any advice would be appreciated.
Thanks
Carl |
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Richard P
Senior Member
United Kingdom
1701 Posts |
Posted - 30 July 2011 : 15:48:44
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Nothing just keep a low profile .. nail up the mail box OR may decide to do something last minute (unlikely)
bit of anti climax you wait all expectantly for flags whistles, trumpets nothing .. then at midnight you log onto insolvency web site to see your status change print a copy of teh discharge notice as it only stay live for 3 months after discharge
nearly done
Good Luck Richard,
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Niobe
Administrator
United Kingdom
4590 Posts |
Posted - 30 July 2011 : 16:49:10
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You should be ok Carl.
You do need to print off the discharge notice so log on as soon as you can after AD.
Good luck.
Follow through
Make your dreams come true
Don't give up the fight
You will be alright
'Cause there's no one like you in the universe
Jan
xxx |
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Dormouse
Starting Member
7 Posts |
Posted - 04 August 2011 : 18:45:17
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quote:
Originally posted by Richard P
.. nail up the mail box
ROFLMAO
excellent idea, I might just do that or go off for a short holiday. I'm in exactly same boat as Carl - less than three weeks to go now and then I can start earning again  |
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happyhousewife
Starting Member
United Kingdom
7 Posts |
Posted - 04 August 2011 : 21:20:53
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quote:
Originally posted by Dormouse
quote:
Originally posted by Richard P
.. nail up the mail box
ROFLMAO
excellent idea, I might just do that or go off for a short holiday. I'm in exactly same boat as Carl - less than three weeks to go now and then I can start earning again
Hi
New on here - why can you start earning again - did you have to stop then? or just earning less?
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Niobe
Administrator
United Kingdom
4590 Posts |
Posted - 04 August 2011 : 22:15:18
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Hi and welcome to the forum.
You can start earning whenever you like - it might affect whether or not you pay an IPA but you can work if you can get a job.
Follow through
Make your dreams come true
Don't give up the fight
You will be alright
'Cause there's no one like you in the universe
Jan
xxx |
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happyhousewife
Starting Member
United Kingdom
7 Posts |
Posted - 04 August 2011 : 22:49:52
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we both have jobs - would they tell our employers?? Would we have to give up?
happyhousewife |
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Dormouse
Starting Member
7 Posts |
Posted - 05 August 2011 : 09:10:16
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quote:
Originally posted by happyhousewife
- why can you start earning again - did you have to stop then? or just earning less?
No I could have worked, but saw no point if OR was going to take it all or force a payment plan on me. They have to have a payment plan in place before discharge which would then continue after discharge, thanks but no thanks. |
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xmas baby
Average Member
537 Posts |
Posted - 05 August 2011 : 12:10:57
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Not sure I agree with Dormouse in deliberatly avoiding working during the 12 months of bankruptcy in an effort to avoid an IPA. I have always thought that, if you are able, then you should pay something back to the creditors, even if only a small amount, rather than trying to avoid paying anything at all costs.
xmas baby |
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Skippy
forum expert
United Kingdom
3290 Posts |
Posted - 05 August 2011 : 15:04:30
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At the risk of starting a debate I have to say I agree with xmas baby. I don't understand why some people are so against paying something back.
View my blog at http://skippy13.blogs.iva.co.uk/
Only when the last tree has died, the last river has been poisoned and the last fish has been caught will we realise that we cannot eat money.
Last IPA payment made on 28th June 2010 and I'm now looking forward to getting married in September 2012 - I'm proof that you can go BR and come out the other side. |
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happyhousewife
Starting Member
United Kingdom
7 Posts |
Posted - 05 August 2011 : 15:26:40
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Oh dear sorry!!!! Couple more things we are being made bankrupt by someone is that any different? Also have loads more questions is there someone I can message?
happyhousewife |
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Dormouse
Starting Member
7 Posts |
Posted - 05 August 2011 : 17:15:41
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Avoiding IPAs
I suppose opinion on this point will depend upon why one went bankrupt (the culpability of your creditors) and your other obligations in life.
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Niobe
Administrator
United Kingdom
4590 Posts |
Posted - 05 August 2011 : 18:55:58
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I also don't agree with deliberately avoiding an IPA. Regardless of your feelings about your creditors, you initially took out the loans with the intention of paying them back. If you can pay something back then that has to be applauded.
Follow through
Make your dreams come true
Don't give up the fight
You will be alright
'Cause there's no one like you in the universe
Jan
xxx |
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Dormouse
Starting Member
7 Posts |
Posted - 05 August 2011 : 19:24:22
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| Who said they were loans? you can end up in debt without borrowing a penny. |
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Niobe
Administrator
United Kingdom
4590 Posts |
Posted - 05 August 2011 : 19:48:39
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Doesn't matter how you end up in debt - the fact is that it should be paid off if possible, council tax, anything to do with HMRC etc.
If you can manage to pay back some of the debt then that has to be admired. I do not think that anyone should deliberately try and avoid paying back money that they owe.
Follow through
Make your dreams come true
Don't give up the fight
You will be alright
'Cause there's no one like you in the universe
Jan
xxx |
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Skippy
forum expert
United Kingdom
3290 Posts |
Posted - 05 August 2011 : 20:49:35
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While no one wants an IPA I will never agree with refusing work to avoid one. Regarding creditors being culpable, at the end of the day we are all adults and therefore capable of saying no. I shouldn't have been able to borrow as much as I did, but I applied from it and no one twisted my arm to make me spend it, I did it of my own free will.
I appreciate that some people end up BR because of a change of circumstances beyond their control but I still don't condone refusing work to avoid an IPA.
View my blog at http://skippy13.blogs.iva.co.uk/
Only when the last tree has died, the last river has been poisoned and the last fish has been caught will we realise that we cannot eat money.
Last IPA payment made on 28th June 2010 and I'm now looking forward to getting married in September 2012 - I'm proof that you can go BR and come out the other side. |
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Topic |
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Into my last 4weeks before A.D
