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 As I understand it if you go bankrupt ?		  New Topic  Reply to Topic
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Frank
Starting Member



18 Posts
Posted - 04 November 2008 :  13:44:55  Show Profile  Reply with Quote
As I understand it if you go BR and then you work they expect you to pay an amount over 3 years - so my question(s?) is this:

My wife will not be BR, she will do something to gain income and we intend that I do not to work or claim benefit i.e she will keep us.

So, after a year and I am discharged they will have no claim on my future income from that point? Or am I confused and missing something?

Needafriend
Junior Member

United Kingdom
344 Posts
Posted - 04 November 2008 :  13:48:18  Show Profile  Reply with Quote
Right Frank

Yes your right if you income is low enough not to impose an IPA then after the 12 months that will be that.

Your wifes income is only taken as what she contributes and not all of it so that means lower income on your I&E.

If no IPA had been imposed then after the year the OR cannot impose one and that will mean you can do what you like for a job etc.



Jo

x


For more info on how i have come through bankruptcy and for links to help, you can read my blog here called:

Jo's Links and added info on Bankruptcy!


http://debtfreejo.blogs.bankruptcyhelp.org.uk/
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Needafriend
Junior Member

United Kingdom
344 Posts
Posted - 04 November 2008 :  13:49:11  Show Profile  Reply with Quote
What i should have said is after discharge then technically the OR cant impose one.

Jo

x


For more info on how i have come through bankruptcy and for links to help, you can read my blog here called:

Jo's Links and added info on Bankruptcy!


http://debtfreejo.blogs.bankruptcyhelp.org.uk/
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Frank
Starting Member



18 Posts
Posted - 04 November 2008 :  15:23:52  Show Profile  Reply with Quote
Thanks, I thought that was the case, so looks like a year off for me playing house husband.

Great, I can spend all day watching Austrialian soaps and yabbing with my mates on messenger then slam something in the microwave for tea while I moan how I've been rushed of my feet all day... ;o) (just a joke ladies!)

Frank

Here we go again...
Edited by - Frank on 04 November 2008 15:24:34
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Needafriend
Junior Member

United Kingdom
344 Posts
Posted - 04 November 2008 :  16:00:08  Show Profile  Reply with Quote
Joke accepted! :-)

Good luck for Friday and dont forget to keep asking those questions.



Jo

x


For more info on how i have come through bankruptcy and for links to help, you can read my blog here called:

Jo's Links and added info on Bankruptcy!


http://debtfreejo.blogs.bankruptcyhelp.org.uk/
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