UK Bankruptcy Law
UK Bankruptcy Law Questions Answered by Verified Experts
thanks for your response you have been very helpful. Can I ask whether additional income earned after I have been discharged has to be disclosed to the OR?
My IPA says that until the end of the term of the agreement i shall notify the OR or other trustee of any increase in income within 21 days of becoming aware of the increase. This seems to contradict what you mentioned above, can you clarify?
So if I were to get a salary increase after my discharge then no need to tell the OR?
Is it fair to assume that my only obligation to the OR once discharged is to continue paying the monthly agreed amounts of the IPA until they are completed?
This means that even though i am discharged any income i receive outside the agreed SOA has to be declared and it could result in increased monthly payments to the IPA?