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 Forum Questions
 Do I need yo declare anything to OR ?
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pcoventry
Junior Member



United Kingdom
235 Posts

Posted - 16 May 2012 :  11:56:50  Show Profile  Reply with Quote
If the OR has stated they have no interest in my new bank account. Do I need to declare anything to them?

I think I've messed up by checking to see if a £250 compensation payout for a recent spell in Hospital was allowed - and they may well now have it as an Asset.

If I had not said anything and simply put it into my new account would I have done wrong? Can they access my new account or ask me for it a few months down the line even though they say they have no interest in it?

Thanks

Skippy
forum expert



United Kingdom
3290 Posts

Posted - 16 May 2012 :  12:07:08  Show Profile  Reply with Quote
You don't need to declare the new account details to the OR.

If you had just paid the compensation into your account you would have been wrong as any windfalls etc must be declared - it's important to be honest with the OR. If they suspect something they can ask for details of your new bank account.

View my blog at http://skippy13.blogs.iva.co.uk/

Only when the last tree has died, the last river has been poisoned and the last fish has been caught will we realise that we cannot eat money.

Last IPA payment made on 28th June 2010 and I'm now looking forward to getting married in September 2012 - I'm proof that you can go BR and come out the other side.
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Viki.W
forum expert



United Kingdom
2211 Posts

Posted - 16 May 2012 :  12:07:16  Show Profile  Reply with Quote
Yes, they can ask to see bank statements at anytime.



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
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pcoventry
Junior Member



United Kingdom
235 Posts

Posted - 16 May 2012 :  12:12:26  Show Profile  Reply with Quote
Thanks for the advice Ladies.

To be fair if they dont accept the point of it and that I will need it to get to future appointments then they can have it. Not a biggie.

It's dam hard living on SPP though! :/

Atleast I am honest. They know about my new account and they said they have no interest in it.

How does it work if a relative needs/wants to say pay my rent and I use my new account. Do I need to declare that too?
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Niobe
Administrator



United Kingdom
4590 Posts

Posted - 16 May 2012 :  12:41:40  Show Profile  Reply with Quote
I imagine the OR will want to know where any money comes from in your account if they ask for statements.

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




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pcoventry
Junior Member



United Kingdom
235 Posts

Posted - 16 May 2012 :  12:42:16  Show Profile  Reply with Quote
I see. Well I have mentioned before that relatives have paid rent and put it into my account. They didnt seem to be bothered by it.
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Niobe
Administrator



United Kingdom
4590 Posts

Posted - 16 May 2012 :  12:46:37  Show Profile  Reply with Quote
If it's something regular then I would say it could be classed as income which would then free up disposable income for yourself.

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




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year 2029
Average Member

590 Posts

Posted - 16 May 2012 :  18:18:57  Show Profile  Reply with Quote
When I recently filled in an income/expenditure form for my OR/Trustees, there was a question and section that asked if I had regular help or contributions to help with outgoings.
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Niobe
Administrator



United Kingdom
4590 Posts

Posted - 16 May 2012 :  18:47:23  Show Profile  Reply with Quote
Then this is something that needs to be declared to the OR.

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




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pcoventry
Junior Member



United Kingdom
235 Posts

Posted - 16 May 2012 :  19:02:10  Show Profile  Reply with Quote
Thanks for your advice Viki, Thanks Niobe :)

I've already done so - and sent via e-mail scans of my policy and discharge stuff. As for the rent thing I am sure I put it down in my SOA> I do recall telling the lady who I speak with about it and she was not concerned. To be fair it bypasses me anyway ( or did) but now we have help with the rent from the council we don't have to rely so much now.
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