This is the single most important aspect of bankruptcy – will the Official Receiver ask you for a monthly contribution in an Income Payments Agreement (IPA) after bankruptcy? Many people trip up on their income and expenditure and end up paying money they could have avoided paying, if only they had sought advice.
The Official Receiver will attach any surplus income for 36 months in an IPA and for this reason it is critical that every allowable expense be claimed to the maximum. This is something we specialise in and our success rate in avoiding IPAs is impressive.
Bankruptcy UK has been helping people with bankruptcy since 1998 and will guide you through the process step by step. We will avoid jargon and confirm all discussions by email within 30 minutes. Call us for a chat about your circumstances on 01425 600129.