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 Likelihood of IPO
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2stressed
New Member

57 Posts

Posted - 27 March 2009 :  10:58:21  Show Profile  Reply with Quote
Is it likely I will receive an IPO- if I only have £60 a week coming in?
Also will this change and be reviewed as and when I find work?
Sorry for bombarding the forum this mng- filling out these forms and feeling slightly sick!

Melanie.n
forum expert



United Kingdom
1282 Posts

Posted - 27 March 2009 :  11:02:05  Show Profile  Reply with Quote
If JSA is your only income you would not be subject to an IPO

Melanie Nicholas
28 years insolvency experience - 23 of which in the Insolvency Service
- Insolvency Manager
Jones Giles
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2stressed
New Member

57 Posts

Posted - 27 March 2009 :  11:03:44  Show Profile  Reply with Quote
Thanks melanie-if I find a job would I need to notify the OR and have income/expenditure reviewed?
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Sparkle83
Junior Member

258 Posts

Posted - 27 March 2009 :  11:13:50  Show Profile  Reply with Quote
I think the anser is yes, if it's before your discharge, because an IPA/IPO has to be in place before discharge. After that I think you can do what you like.
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Skippy
forum expert



United Kingdom
3290 Posts

Posted - 27 March 2009 :  11:38:26  Show Profile  Reply with Quote
If you get a job before you are discharged you must advise the OR of the change in your circumstances so they can reassess your I & E.

Tomorrow is a mystery, yesterday is history, today is the present, a gift to make the most of.

View my blog at http://skippy13.blogs.bankruptcyhelp.org.uk/

21 IPA payments made, 15 to go - on the home straight!
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