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 Hi,I have been declared bankrupt today.

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T O P I C    R E V I E W
gdc Posted - 10 August 2009 : 19:30:01
Hi,
I have been declared bankrupt today. First of all I would like to thank everyone who has helped me on this site over the last few months, you have been a great help and source of knowledge. I don't exactly feel like a weight has been lifted although I am glad that I have finely taken the plunge and the first steps towards putting some stability back into my life.
Secondly, I have a question, will I still be able to contribute towards my work pension during bankruptcy and will this come out of my disposable income or will it form part of my outgoings and not be part of disposable income?

Thanks.
3   L A T E S T    R E P L I E S    (Newest First)
Niobe Posted - 13 August 2009 : 18:22:51
Belated congrats from me as well.

I hope the OR's interview goes ok.

The glimmer gets brighter all the time

Jan
xx
gettingoutofdebt Posted - 10 August 2009 : 20:39:20
Congrats on becoming BR gdc and don't worry, once you have had the OR's interview you will feel much more relaxed.
debtinfo Posted - 10 August 2009 : 20:34:03
it comes out before your net income is worked out. it is an allowable expense as long it is a reasonable amount, usually 3-6% of income

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