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 i get a wage child allowance credit and support

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T O P I C    R E V I E W
welshaly Posted - 02 February 2010 : 11:21:38
i get a wage child allowance child credit and child support will all this be counted when i go in for br
3   L A T E S T    R E P L I E S    (Newest First)
welshaly Posted - 02 February 2010 : 15:45:41
can i put mobile 15
tv licence 20
internet 25 for education
dogs 80
car insurance 41
life insurance 27
house and contents 31
gas 80
electric 80
food 320
petrol 80
council tax 75
car moy and tax 40
hairdressers 40
tis is without new rent on new home can i ut dinner money for daughter and clothers how much do i put for them and telephone 25 all a month
welshaly Posted - 02 February 2010 : 15:19:09
hi my income is 1555 a month my outgoings are 1966 but ive stopt my morgage and my loan so at moment im trying to get bond and deposit for rent as soon as i can so im saving 867 a month mot paying then to get rent and bond but when i move out i will have to ay rent dont know how much allowance to put for things its just me and my daughter whos in collage and is 17 please help
Steve Thatcher Posted - 02 February 2010 : 11:40:12
Welshaly, welcome. When you go bankrupt, all the income that you have coming in is taken into account by the OR when ascertaining if you have any DI that can be taken for and Income payments agreement.
All income is applied to your expenditure and if you have over £99 left over as it were, the OR can ask for 60% of this as a contribution. That payment will be made for 36 months, unless your circumstances change.
It is a good idea to scrutinise fully what you have coming in and going out. If you are like most people, me included, I suspect that by the time you see what you have left over each month, you may have nothing to worry about.
If you post your income and expenditure details here, the forum will be able to help.

Steve Thatcher

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