IPA (Income Payment Agreement)
Income Payment Agreement Options
Income payment agreement
OPTION 1: Have you entered bankruptcy and received a request for an Income Payment Agreement which you consider unreasonable?
We will undertake to complete a fresh financial review of your circumstances detailing all your legitimate household expenses, including an explanation of an offer which is affordable and sustainable according to your means.
Cost of service £175.00
OPTION 2: Have you refused an Income Payment Agreement and are now facing a Income Payment Order court hearing?
We will undertake to complete a fresh financial review of your circumstances detailing all your legitimate household expenses. We will provide you with the documentation required to submit a challenge to the Insolvency Service in order that they can reconsider the proposed IPA. This will take into account of all your circumstances and abilities in respect of an agreement being reached. An amended version of this document will be forwarded to the County Court which will be hearing the application. In this manner, when you attend the hearing you are assured that all of your circumstances have been explained and that the court will be able to determine a fair and reasonable level of order. This will only be based on you having the means to sustain such an agreement.
Cost of service: Fees from £495.00
OPTION 3: Have you already agreed to an IPA and found that your circumstances have changed and can no longer afford the payments?
We will undertake to complete a fresh financial review of your circumstances detailing all your household legitimate expenses, and an explanation of how your circumstances have changed which in turn will notify all parties namely the Insolvency Service and their appointed legal representatives.
Cost of service £175.00

