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bonechild
New Member
50 Posts |
 Posted - 28 March 2011 : 23:26:02
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Hiya
I'm a bit confused still over this i&e stuff.
If I go BR and the only income coming into the house is my hubbys wage I understand I have to put down our expenses and say what the household income is but if there is more than £20 left over then surely that leftover is his and not mine??? Am I right?
After all, I don't have any income if I am not working.
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Bigal4787
forum expert
United Kingdom
641 Posts |
Posted - 28 March 2011 : 23:33:04
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Hi,
when you complete the I&E part of the petition, you put what your income is, and that of your hubby's, so that it can be worked out what proportion you pay of the bills etc, the OR is not interested in taking anything from your hubby as he won't be bankrupt.
However, if you have no income then you need to state that on the petition, but are you on benefits? if all of your income is benefits, then no IPA will be claimed.
Big Al
Insolvency examiner with the Insolvency service from April 2008 - July 2010.
If you need help completing SOA's(statement of affairs) or PIQ's(preliminary information questionnaire) if you've been declared bankrupt, or anything else and you're within 30 miles or so of Warrington, then please contact me via my contact details in the expert page for futher details"
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bonechild
New Member
50 Posts |
Posted - 28 March 2011 : 23:40:29
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Thanks Al
I've been stessing over that.
I'm not on benefits but I'm going to look into that. If I was on benefits would I be given an IPA ? |
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Bigal4787
forum expert
United Kingdom
641 Posts |
Posted - 28 March 2011 : 23:56:36
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If your income is solely derived from benefits, then the OR will not seek an IPA.
Big Al
Insolvency examiner with the Insolvency service from April 2008 - July 2010.
If you need help completing SOA's(statement of affairs) or PIQ's(preliminary information questionnaire) if you've been declared bankrupt, or anything else and you're within 30 miles or so of Warrington, then please contact me via my contact details in the expert page for futher details"
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bonechild
New Member
50 Posts |
Posted - 29 March 2011 : 20:12:42
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sorry Al
I just realised you had already answered this. Sorry, not sleeping much and it's begining to show. The brain cells are dying |
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disposable income question
