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charlie44
Junior Member



231 Posts
Posted - 16 October 2009 :  10:25:31  Show Profile  Reply with Quote
How long does it take to set up an IPA after you are declared BR?

Skippy
forum expert



United Kingdom
3290 Posts
Posted - 16 October 2009 :  11:05:31  Show Profile  Reply with Quote
I made my first payment 3 months after I went BR. I was told at the interview I would get one, so I chased them up about it - the sooner it started the sooner it would finish!

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/

27 IPA payments made, 9 to go - in single figures!
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charlie44
Junior Member



231 Posts
Posted - 16 October 2009 :  11:28:13  Show Profile  Reply with Quote
Thanks for the quick reply Skippy, am I right in thinking, that the cash that will be taken in an IPA is yours for the the time it takes to set one up? or is the IPA backdated to the time of your BR?
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gettingoutofdebt
forum expert



2418 Posts
Posted - 16 October 2009 :  11:38:40  Show Profile  Reply with Quote
The cash that will be taken for the IPA is yours to keep until the IPA is set up and not backdated so enjoy the extra money
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charlie44
Junior Member



231 Posts
Posted - 16 October 2009 :  11:48:14  Show Profile  Reply with Quote
Thanks for clearing that up, much appreciated.
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