All Forums  archive  bankruptcy postbag for june  Spending cash meant for the OR? Help!!!

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Screensize: 640 x 480 800 x 600 1024 x 768 1280 x 1024 UserName: Password: Format Mode: Basic  Help  Prompt  Format: Font Andale Mono Arial Arial Black Book Antiqua Century Gothic Comic Sans MS Courier New Georgia Impact Lucida Console Script MT Bold Stencil Tahoma Times New Roman Trebuchet MS Verdana   Size 1 2 3 4 5 6   Color Black Red Yellow Pink Green Orange Purple Blue Beige Brown Teal Navy Maroon LimeGreen Message: * HTML is OFF * Forum Code is ON Smilies [quote][i]Originally posted by hammy0107[/i] [br]As some of you will know i have recently sold my shares in a buisness prior to going BR. I received £11450 but with the cost of a valuation on my home and the BR fee i was left with £10800. I had my car serviced and needed tyres and brakes, this brought available cash to £10350. I had to use £100 to live on as we were really broke, leaving £10250. I have submitted my SOA and stated i have £10250 available to pay into my estate. Today we are due to buy our son new bedroom furniture, he will be 3 in October and still in a cot. My wifes parents had promised us £300 towards the cost of the new furniture and carpet and this morning have told us they can't help us after all. We have already paid for the carpet and a deposit on the furniture and are now short by £300. If i now use £300 of the money that should be for the OR and only have £9950 after saying i will have £10250 am i going to be in trouble??? £9950 is still a fair amount to pay into my estate but my worry is that this amount is £1500 less than i received for my shares and is £300 less than what my SOA states i have available. Sorry this is so long winded but i am really worried about this and the furniture is due to be delivered in a few hours. If i don't use this money then i will lose a deposit of £100 and my son really does need the furniture (right now he doesn't have a bed as we have already broken up his cot). Reassurance desperately needed please. [/quote]   Check here to include your profile signature.