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sdh327
Starting Member



19 Posts

Posted - 13 January 2010 :  15:50:58  Show Profile  Reply with Quote
Had an email from the OR today, saying that she is requesting that I pay £103, from £142 disposable income. I queried it straight away, and she said she'd realised she'd missed my professional fees off!!!!

So it seems they are human, and it does pay to query things. She replied really quickly anyway, so now its gone down to £90, works out to be about 65%. I think i can manage it but I shall be checking my paperwork when it arrives very carefully.

My quick query is, are the payment orders always for 3 years? and do they back date it from when i was made bankrupt? or is it from when you sign the paperwork from the OR?
many thanks!

gettingoutofdebt
forum expert



2418 Posts

Posted - 13 January 2010 :  16:05:42  Show Profile  Reply with Quote
An IPA lasts for 36 months and will start from the first date of payment. Chances are you will make your first payment at the beginning of Feb.

After signing the IPA form the OR sends you will receive another letter from MoonBeever regarding the payments. The payments are collected by MoonBeever and you can set up a STO so that the payment is automatically taken from your account each month.

Edited by - gettingoutofdebt on 13 January 2010 16:06:56
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sdh327
Starting Member



19 Posts

Posted - 13 January 2010 :  16:25:40  Show Profile  Reply with Quote
thank you for the speedy reply and advice! I have seen a few posts on here about moonbeever, not all good I'll just have to get onto them as soon as I can about a standing order, seems the best way to do things.

Thank you!
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