Note: You must be registered in order to post a reply. To register, click here. Registration is FREE!
T O P I C R E V I E W
jayne1970
Posted - 14 February 2009 : 13:23:10 My employment is commission based, the lack of such lately been a big part of my financial downfall. If I have to pay a monthly ammount into my bankruptcy, will this be based on my basic wage as this is all I can gaurentee earning? If things improve and I start to earn regular commission again will they amend payments? Same question applies to overtime.
1 L A T E S T R E P L I E S (Newest First)
John
Posted - 14 February 2009 : 14:02:53 Hi
your initial net income figure should be based on an average of the 3 months prior to petitioning.
Thereon it should be reviewed each month, again based on the previous 3 month average.