Just an update on whats happening with me in case anyone is waiting for information on their IPA.
I went BR on 15th October 2009 within 3 weeks I had my IPA agreement to sign and send back which I done. Today I received a letter from MoonBever telling my first payment is due 1st December.
I know I have read previously that sometimes these take a few months in my case it was very fast work!!
Even though everything is arranged (setting standing order up tomorrow) I sitll think something is going to happen and they are going to call me and tell me its all wrong and I cant be bankrupt and I still owe the money to everyone!!!
If a client agrees with the payment and there is no dispute it can be a quick process, which is a far better solution for the individual, if it remains undecided for a few months it can come as quite a shock that you have to pay it, especially if you have become used to the additional monies in the household budget.
Congratulations on getting everything sorted quickly, on wards and upwards, at least you can now count down the payments outstanding each month!
Melanie Nicholas 28 years insolvency experience - 23 of which in the Insolvency Service - Insolvency Manager Jones Giles email me at melanienicholas@jonesgiles.co.uk