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 bankruptcy postbag for august
 Some clarity on I & E again please!
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BankruptC
Senior Member



1030 Posts

Posted - 05 August 2008 :  14:20:44  Show Profile  Reply with Quote
Hi again,

Just a quick one (I hope!). As we're both going BR, do my wife and myself put our own, separate I & E on our SoA, or do we do it as joint? We've always just pooled our money and paid bills etc from it so it will be strange to split it all. If that's what we have to do, though, we will!

Thanks,

I

John
New Member



United Kingdom
73 Posts

Posted - 05 August 2008 :  14:23:31  Show Profile  Reply with Quote
Hi
both sets of expenditure should list the full expenditure of the household.
Therefore they should be a mirror of each other.

www.Bankruptcyhelp.org.uk
0800 078 9367
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BankruptC
Senior Member



1030 Posts

Posted - 05 August 2008 :  14:57:58  Show Profile  Reply with Quote
Thanks John.

Do we need to do a breakdown of who contributes what amount to each item on our list of expenditure or just leave it as full amounts? I ask this in response to Suzanne saying we'll pay an IPA each which will be worked out on the basis of our individual I&Es.

Thanks once again!

I
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Suzanne
Average Member



United Kingdom
869 Posts

Posted - 05 August 2008 :  15:13:30  Show Profile  Visit Suzanne's Homepage  Reply with Quote
Hi

In the income section you each put your individual income in and the OR will pro rata everything from that.

Suzanne Stocker
Bankruptcy Manager
Jones Giles Ltd
www.jonesgiles.co.uk
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John
New Member



United Kingdom
73 Posts

Posted - 05 August 2008 :  15:13:40  Show Profile  Reply with Quote
Hi
no you don't need to do that as the OR will work it all out.

www.Bankruptcyhelp.org.uk
0800 078 9367
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BankruptC
Senior Member



1030 Posts

Posted - 05 August 2008 :  15:15:25  Show Profile  Reply with Quote
Thanks both of you!

CG and I
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