HOME  FORUM  MEDIA  EVENTS  ARTICLES  TV  BLOGS
•Home
Bankruptcy:
•Bankruptcy Information Center
•What is Bankruptcy?
•Is Bankruptcy right for me?

•How to declare Bankruptcy?
•What happens to my assets?
•Bankruptcy and credit rating

Forum:
•forum
•register
•search
•faq
•experts

Blogs:
•Bankruptcy News
•More...

Media Room:
•Press releases
•Media Coverage

Other:
•About BankruptcyHelp
•Links
•Contact us
•Debt Glossary
•Insolvency jobs


FORUM
  > Browse and post on our forum
Home   |   Profile   |   Register   |   Active Topics   |   Members   |   Search   |   FAQ

Welcome to our Forum, please register if you want to post
Ask a debt question
See the last 250 posts
Watch video on how to use forum
Username:
Password:

Save Password
Forgot your Password?

 All Forums
 New Questions
 Forum Questions
 Relocating
 New Topic  Reply to Topic
 Printer Friendly
Author Previous Topic Topic Next Topic  

ClearHead
Starting Member

16 Posts

Posted - 08 April 2009 :  10:23:05  Show Profile  Reply with Quote
I am thinking of relocating to a different city which will mean a rise in my outgoings and possibly a drop in my salary. Will my OR revise my incomings/outgoings thing so that my IPA is amended to reflect this?

1 IPA payment down 35 to go!

Sunshine_Girl
New Member



77 Posts

Posted - 08 April 2009 :  10:43:24  Show Profile  Reply with Quote
Yes.

"What happens if my income changes?

You must contact your trustee (who may be the
official receiver) immediately. Your IPA or IPO
may be changed to take account of the change in
your circumstances.

The trustee may decide to suspend your
payments under the IPA or IPO until your
situation improves."

http://www.insolvency.gov.uk/pdfs/guidanceleafletspdf/ipoipa.pdf

Hope this helps.
SG

Edited by - Sunshine_Girl on 08 April 2009 10:56:31
Go to Top of Page

ClearHead
Starting Member

16 Posts

Posted - 08 April 2009 :  10:52:29  Show Profile  Reply with Quote
Cool - I will contact my OR as soon as i have any definate plans.

1 IPA payment down 35 to go!
Go to Top of Page
  Previous Topic Topic Next Topic  

 New Topic  Reply to Topic
 Printer Friendly
Jump To:
bankruptcyhelp.org.uk Forum © bankruptcyhelp Go To Top Of Page
Powered By: Snitz Forums 2000 Version 3.4.06