Your IPO is a reflection of your disposable income(DI) - if you have a DI in excess of £100 you will be liable for an IPO. If however, your circumstances change and your income drops so would the available DI and an IPO may no longer be required. If this happens get in tough immeadiately with your OR (or Moon Beaver who administer the IPOs on behalf of the OR) and your IPO will be reviewed. Hope this helps
Melanie Nicholas 28 years insolvency experience - 23 of which in the Insolvency Service - Insolvency Manager Jones Giles
pa - what if i had to stop working?
Posted - 10 March 2009 : 10:13:01
