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 Notifying Trustee re change of circumstances..

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T O P I C    R E V I E W
Mike62 Posted - 15 April 2011 : 15:21:38
Hi all,
Just a wee bit of advice please, I know we have to advise our trustee if circumstances change, but would welcome some thoughts on this please.
I am about to start a job, have been retraining 'till now, at about the same time my other half's hours are being cut, so we will have slightly LESS income than before, so do we inform them that I'm now working, or do we not inform them as our overall income hasn't really changed.
Hmm, not very good sentence structure but I hope you get the idea, 8 months into Br without an IPA at the moment.
Thanks.
3   L A T E S T    R E P L I E S    (Newest First)
Mike62 Posted - 17 April 2011 : 12:35:22
Thanks big Al, does that mean that we are assessed seperately rather than as a couple?, I.E. we might have two IPA's rather than one joint?

Thanks
Bigal4787 Posted - 17 April 2011 : 11:41:23
Hi,
that will mean that your proportion of the amounts you pay on household expenditure will increase if your other half is unable to, so reflect it in the IPOQ.

Big Al
Insolvency examiner with the Insolvency service from April 2008 - July 2010.

If you need help completing SOA's(statement of affairs) or PIQ's(preliminary information questionnaire) if you've been declared bankrupt, or anything else and you're within 30 miles or so of Warrington, then please contact me via my contact details in the expert page for futher details"
RHB Posted - 15 April 2011 : 17:20:43
I would inform them & fill in a new income & expenditure form.

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