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Mike62
Starting Member
United Kingdom
31 Posts |
 Posted - 11 September 2010 : 13:28:49
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Hi all,
We haven't heard from our trustee as yet, went bankrupt in August. Our situation is as follows, myself unemployed due to business going down, my wife earns about £1200 a month, our minimum outgoings are around £1400. I can't get any jobseekers allowance due to previous self employment, plus other half earn more than £102 per week.
No unemployment benefit either due to circumstances!. So on the basis we have no disposable income at all, if our income does not change before the end of our bankruptcy, does that mean we won't get an IPA?.
Regards,Mike. |
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Viki.W
forum expert
United Kingdom
2211 Posts |
Posted - 11 September 2010 : 13:42:43
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Hi Mike,
If they don't think you have a surplus of at least £100 and your circumstances don't change, then, no, you won't get an IPA.
Viki Warbrooke
Vincent Bond & Co
If you would like free advice on all options available and help with your bankruptcy petition please contact me at http://www.vincentbond.com/about_us_Viki_Warbrooke.asp
Please read my experience of debt via my blog at http://vikiw.blogs.iva.co.uk/ |
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xmas baby
Average Member
537 Posts |
Posted - 14 September 2010 : 15:21:48
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Afternoon Mike62,
If your disposable income, after all monthly expenditures have been accounted for, amount to under £99 or less, then you will not get an IPA.
xmas baby |
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| bankruptcyhelp.org.uk Forum |
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Is an IPA applied regardless?
