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sjbyron
Average Member
United Kingdom
746 Posts |
 Posted - 08 February 2009 : 17:21:46
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Hi
Although im on benefits at the moment and wont return to work for a long while, this is really bugging at the moment, is their a minimum amount you have to earn before they make an IPA.
Ive seen a few jobs that pay about £770 a month and my outgoings if I go back to work would be
Rent to mum and Dad - £420
Gym £34
Mobile phone £15.00
Housekeeping including clothing and food for work £175.00
Travel £80.00 public transport
Contingency £15.00
Health insurance for glasses, dental etc £31
Total - £770
Would the OR Examiner give an IPA on this
Thanks
Stu J Byron |
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Skippy
forum expert
United Kingdom
3290 Posts |
Posted - 08 February 2009 : 17:27:49
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It depends on the surplus you have left after your essential outgoings. You need to have £100 or more before they will go for an IPA.
Tomorrow is a mystery, yesterday is history, today is the present, a gift to make the most of.
View my blog at http://skippy13.blogs.bankruptcyhelp.org.uk/
20 IPA payments made, 16 to go - on the home straight! |
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sjbyron
Average Member
United Kingdom
746 Posts |
Posted - 08 February 2009 : 17:29:39
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Thanks Skippy
Does my figures above look fair
Thanks
Stu J Byron |
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Reviva UK
Advanced Member
United Kingdom
2452 Posts |
Posted - 08 February 2009 : 17:31:22
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Hi
from our conversations and your post above I really can't see you getting an IPA, as there are many real costs that you have not lsited above.
Paul Johns
Assisted Bankruptcy Specialists
Reviva UK
08454 751 851
Real People ..... Real Debt Solutions
www.revivauk.com |
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sjbyron
Average Member
United Kingdom
746 Posts |
Posted - 08 February 2009 : 18:39:32
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Thanks Paul
What costs havent I listed, I dont want to sound awful but I dont want an IPA due to my previous past record with jobs I may not fulfil the three years, plus a clear start before bankruptcy would be great, I know that sounds terrible.
So Paul what have I missed out, and are the above acceptable, and what amount per month should I look for, as ive seen another job in a shop for £840 a month or their is my old job at £1143 a month.
Please advise
Stu J Byron |
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Reviva UK
Advanced Member
United Kingdom
2452 Posts |
Posted - 08 February 2009 : 19:14:41
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Hi
if you start to work again then you may want to start paying a full rent rather than the subsidised rent + contribution to electricity / gas and council tax.
Again when you start working you can allocate £10 for haircuts, and possibly an allowance for dry cleaning if appropriate
Paul Johns
Assisted Bankruptcy Specialists
Reviva UK
08454 751 851
Real People ..... Real Debt Solutions
www.revivauk.com |
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sjbyron
Average Member
United Kingdom
746 Posts |
Posted - 08 February 2009 : 19:17:13
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Thanks Paul
Sorry to be thick
Could you give me an example of the outgoings I can have and the amounts allowed so when I do start looking for work I know what to look for.
Also if I return to my job in Preston the train Journey would be £165 per month plus another £40 for buses
Would that be acceptable too
Thanks
Stu
Stu J Byron |
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Reviva UK
Advanced Member
United Kingdom
2452 Posts |
Posted - 08 February 2009 : 19:28:42
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Hi
There isn't a list of general costs as each person has specific required costs relative to their own situation.
So for example if you returned to work in Preston the train & bus costs would be acceptable - The OR may want to see evidence but after the evidence it would be fine.
Also unless you are heavily subsided by friends / family ( i.e. with a low rental contribution / utilities etc ) then I suspecy with your travel costs it would be hard to get an IPA if you earned under £1200 per month
Paul Johns
Assisted Bankruptcy Specialists
Reviva UK
08454 751 851
Real People ..... Real Debt Solutions
www.revivauk.com |
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sjbyron
Average Member
United Kingdom
746 Posts |
Posted - 08 February 2009 : 19:31:20
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Thanks Paul
Im living with my parents but although they have agreed to cut my rent down to £40 until I get back to work they are struggling now and rely on my £420 a month. It only includes basic food at home, not all food and not food for work
Stu J Byron |
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is their a minimum amount of earning b4 IPA
