i am completely new to this and have revceived letters to say that a bank is instigating a bankrupty petition against me following a statutory demand notifiation what expenditures would i be allowed as i'd like to be prepared when alled upon to fill in the forms et many thanks please include suggestions and averages i am a single parent with 1 teenage son working 30 hours min wage
Hi it varies depending on individual circumstances. There's not a fixed amount for a single parent with one child. Your rent / housekeeping / vehicle costs if you have one / travel costs for essential journey's / utilities / council tax etc are all variables relative to your individual situation.