You will be given an income & expenditure form to complete with the pbankruptcy pack, mulitply your weekly pay by 52 and divide by 12 (1,126.67 per month) work out all your outgoings over a monthly figure in the same way. If the disposible income (figure left after expenditure deducted from income) is less than £100 you will not be liable for an IPO - they will go through the figures with you if you are unsure, but try to get down as much as you can Hope this helps
Melanie Nicholas 28 years insolvency experience - 23 of which in the Insolvency Service - Insolvency Manager Jones Giles
i get paid weekly, £260 per week
Posted - 25 February 2009 : 18:09:54
