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T O P I C R E V I E W
peacelilly
Posted - 22 December 2008 : 11:16:09 Hi, we have sorted a new rented house, and have decided to hand back the house (negative equity , loans etc..) Bankruptcy is definitely the route we have decided to go.. However I am self employed and husband has basic pay, and has to work overtime and work for bonuse... No month is ever the same for either of us.. Where do we stand when sorting Income and Expenditure
3 L A T E S T R E P L I E S (Newest First)
John
Posted - 23 December 2008 : 22:06:53 Hi
section 13 of the Statement of Affairs is for additional information.
You will also be able to give a verbal explanation at interview.
Posted - 23 December 2008 : 21:24:14 Hi, Thanks for that info,, Would I have the chance to explain this in a letter form to the OR.? Thanks
JulianDonnelly
Posted - 22 December 2008 : 15:38:59 Hi Peacelilly and welcome to the forum.
I would suggest employing the same tactic the Official Reveiver (OR). When looking at your information, the OR will take an average of the last 3 months earnings when calculating income .... it would be prudent for you to do the same as you'll have a clearer idea as to how they will move forward in respect of IPA's etc.
Julian Donnelly Spokesperson for www.Bankruptcyhelp.org.uk Don't forget the helpline on 0800 078 9367
