| T O P I C R E V I E W |
| tim73 |
Posted - 23 January 2009 : 11:31:41
i usually earn around £260 per week, after rent etc im normally left with around £50-60, out of that how much am i allowed to keep following bankruptcy? thanks tim. |
| 7 L A T E S T R E P L I E S (Newest First) |
| JulianDonnelly |
Posted - 23 January 2009 : 12:26:56
Great advice as usual John!
Julian Donnelly
Spokesperson for www.Bankruptcyhelp.org.uk
Don't forget the helpline on 0800 078 9367 |
| Needafriend |
Posted - 23 January 2009 : 11:56:09
Thanks John
Jo
x
25 Weeks down
 Yippeee!
27 to go
 Im getting there!
I am always here for you, via posting, email or if you want a one to one chat that can be arranged. I cant give legal advice as i am not trained but i can give you general info and also the personal touch from my experience only.
|
| John |
Posted - 23 January 2009 : 11:53:57
Hi Jo
your info was correct, no need for an apology.
My opening "it's not that simple" was in response to tim's post not yours. Mine landed one and a half minutes after yours so obviously I had not read yours at that time.
www.Bankruptcyhelp.org.uk
0800 078 9367 |
| tim73 |
Posted - 23 January 2009 : 11:46:15
quote:
Originally posted by Needafriend
Ooops sorry just trying to put it a little easier. Sorry if i gave misleading info just thought it helped. Soz
Sorry John and Tim, slapped wrist for me
Jo
x
what things are deemed acceptable when you list your outgoings? thanks tim
25 Weeks down
Yippeee!
27 to go
Im getting there!
I am always here for you, via posting, email or if you want a one to one chat that can be arranged. I cant give legal advice as i am not trained but i can give you general info and also the personal touch from my experience only.
|
| Needafriend |
Posted - 23 January 2009 : 11:38:21
Ooops sorry just trying to put it a little easier. Sorry if i gave misleading info just thought it helped. Soz
Sorry John and Tim, slapped wrist for me
Jo
x
25 Weeks down
Yippeee!
27 to go
Im getting there!
I am always here for you, via posting, email or if you want a one to one chat that can be arranged. I cant give legal advice as i am not trained but i can give you general info and also the personal touch from my experience only.
|
| John |
Posted - 23 January 2009 : 11:36:49
Hi tim
it's not that simple I'm afraid.
There is a good chance that you may not have included all allowable expenditures in bankruptcy when you listed everything.
Also some things you have listed may not be claimable. However as a guide, £55 per week equates to £238 disposable income per calendar month of which 50% would be claimed by the official receiver and you would retain the balance 50% for your own use. This arrangement would last for a maximum 36 months.
www.Bankruptcyhelp.org.uk
0800 078 9367 |
| Needafriend |
Posted - 23 January 2009 : 11:34:59
Tim
The OR will look to take between 50 & 70% of any available income for the benefit of your creditors.
So if you have £50 left thats say £200 per month they would take maybe £100 leaving you £100.
Jo
x
25 Weeks down
Yippeee!
27 to go
Im getting there!
I am always here for you, via posting, email or if you want a one to one chat that can be arranged. I cant give legal advice as i am not trained but i can give you general info and also the personal touch from my experience only.
|
