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 bankruptcy postbag for march
 how much I am allowed to spend ?
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dsd
Junior Member

170 Posts

Posted - 17 March 2008 :  22:40:34  Show Profile  Reply with Quote
Hi there,

The banks have some financial fixed allowances which limit me in my spenditure after becoming bunkcrupt. Do you know how much I am allowed to spend on food for two, phone bills etc?? Thank you for your reply.

Helpful Advice
Average Member



United Kingdom
646 Posts

Posted - 17 March 2008 :  23:15:07  Show Profile  Visit Helpful Advice's Homepage  Reply with Quote
The limits are set by the courts not the banks.

The banks can only make the allowances in an IVA and you will find with bankrupcty your allowances will be more realistic.

You should allow arount £350 for food for two at a push £300 as far as your bills are concerned work on your averages for the year, if you spend alot on certain things i.e. gas or electricity then supply bills as eveidence.

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

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