Hi I am going to go bankrupt in the next few weeks. I have just rang the courts who are sending me a pack out. On the form where I fill out my expenses / living allowances should I put that my outgoings will be more than my incomings, expecting that they will chop them down, or should i put only up to what my absolute limit is. I mean I understand I can put so much allowance in for say a family holiday, however if I stick within my actual budget then I will miss this out, then on the other hand if I have put in £40 /month for presents etc, if they chop this out then I could have claimed for the holiday money. These small amounts could obviously mean the difference between an IPO or not so I don't want to give away money I could really do with on the other hand I don't want to get on the wrong side of the OR so not sure what to do. Hope this makes sense.
Just put up to your limit. Things like presents aren't allowed in a BR SOA as you are expected to pay this out of any disposable income.
You can always post your I&E here and people here can take a look to see if you have missed anything out or are putting down too much for certain things, etc.
not sure what to do
Posted - 30 June 2009 : 13:52:16
