Why is it that the rules on PIAs DSAs etc were not eased in line with the changes to bankruptcy duration and the duration of income payment orders?
A PIA is not nearly as attractive now as when the rules were originally drawn up.
The restriction on bankruptcy applications whereby PIPs can effectively "veto" a bankruptcy application if they believe a PIA can be achieved instead (as outlined here in another thread) has taken on a very negative implication for would-be bankrupts that I assume...
Why no changes to PIA regime after Bankruptcy law changes?
A PIA is not nearly as attractive now as when the rules were originally drawn up.
The restriction on bankruptcy applications whereby PIPs can effectively "veto" a bankruptcy application if they believe a PIA can be achieved instead (as outlined here in another thread) has taken on a very negative implication for would-be bankrupts that I assume...
Why no changes to PIA regime after Bankruptcy law changes?