I am at home with a young child and our only regular secure income is my tax credits and child benefit.
his business income does not cover his debts, and this has recently resulted in bankruptcy. How would this affect my tax credits. There is a young child, and as there is no other income, I am thinking there would be an increase. Or would there be a decrease in this.
Individual circumstances are very different, but is there anyone with similar circumstances.
I believe, and I do stand to be corrected here, that if only he is bankrupt then your tax credits etc wouldn't be affected. Not sure if there would be a difference in what you are paid.
You'd need to speak to HMRC about that.
Follow through Make your dreams come true Don't give up the fight You will be alright 'Cause there's no one like you in the universe
partners bankruptcy
Posted - 01 January 2012 : 07:56:12
