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xmas baby

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Post by xmas baby » Thu Jan 29, 2009 6:36 pm
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Good afternoon,

Can someone please answer a question I have? If you are required to pay an IPA, does this only last for a maximum of 3 years, even if you are given a BRU/BRO? Am I correct in thinking that after 3 years, all disposable income is then yours and no further payments to the bankruptcy are required?

Thank you

Keith
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Skippy

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Post by Skippy » Thu Jan 29, 2009 8:33 pm
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Yes you're right. An IPA lasts for 36 months from the date of the first payment, even if you get a BRU.
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