Welshaly, welcome. When you go bankrupt, all the income that you have coming in is taken into account by the OR when ascertaining if you have any DI that can be taken for and Income payments agreement. All income is applied to your expenditure and if you have over £99 left over as it were, the OR can ask for 60% of this as a contribution. That payment will be made for 36 months, unless your circumstances change. It is a good idea to scrutinise fully what you have coming in and going out. If you are like most people, me included, I suspect that by the time you see what you have left over each month, you may have nothing to worry about. If you post your income and expenditure details here, the forum will be able to help.
hi my income is 1555 a month my outgoings are 1966 but ive stopt my morgage and my loan so at moment im trying to get bond and deposit for rent as soon as i can so im saving 867 a month mot paying then to get rent and bond but when i move out i will have to ay rent dont know how much allowance to put for things its just me and my daughter whos in collage and is 17 please help
can i put mobile 15 tv licence 20 internet 25 for education dogs 80 car insurance 41 life insurance 27 house and contents 31 gas 80 electric 80 food 320 petrol 80 council tax 75 car moy and tax 40 hairdressers 40 tis is without new rent on new home can i ut dinner money for daughter and clothers how much do i put for them and telephone 25 all a month
i get a wage child allowance credit and support
Posted - 02 February 2010 : 11:21:38
