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cpharo
New Member
United Kingdom
58 Posts |
 Posted - 17 July 2009 : 17:54:57
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| I am looking to apply for bankruptcy I have a disposable income left of £150.00 a month after paying my bills. How much will the OR allow me for food and clothes for me and my daughter each month. And how much of the £150 would the OR take a month twoards a payment order? |
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Daniel Griffiths
Junior Member
United Kingdom
268 Posts |
Posted - 17 July 2009 : 18:09:58
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| There are set allowances on this I suggest you get some free advice and help from the CAB, they are very busy but very cheap (Free) They will complete a full I & E for you and also help with the bankruptcy forms. |
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gettingoutofdebt
forum expert
2418 Posts |
Posted - 17 July 2009 : 18:30:29
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£150 is not a lot after paying bills if it doesn't include food; does this include paying your creditors?
If this is after paying food, etc. and is really disposable income (DI) then the OR would take 50% of it. £99 or less DI you would keep everything, more than than and you would pay between 50% and 70%
The guidelines for 1 adult for food are around £185/200 so you should expect around £300 or so if you have a daughter to pay for as well. You can include clothes, haircuts, Internet for homework, telephone, etc.
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newbee
New Member
United Kingdom
94 Posts |
Posted - 17 July 2009 : 22:32:56
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| hope u dont mind me adding a bit here just wondering about the internet as i was told u can not claim for internet i also have two childern at school and was told by a friend the O.r will not let u have internet just wondering if they would say the kids can use this at school so its not needed ? |
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Reviva UK
Advanced Member
United Kingdom
2452 Posts |
Posted - 17 July 2009 : 22:45:42
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You can certainly argue your case with regard to internet for the children , however I have found it much more straightforward to fully understand your home costs and get the right packages before you go Br.
For example there are many telephone packages that include internet services - so if you claim £55 for telephone costs the OR is not interested in how it is split.
Paul Johns
Bankruptcy Specialists
Reviva UK
www.revivauk.com
Real People ..... Real Debt Solutions |
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debtinfo
forum expert
2826 Posts |
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Reviva UK
Advanced Member
United Kingdom
2452 Posts |
Posted - 18 July 2009 : 09:42:06
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Their spreadhseet is a good place to start - however if one's actual expenses are more and can be justified - i.e. utility bills are more and can be proven usually by checking the bank statements - then you will be OK
Paul Johns
Bankruptcy Specialists
Reviva UK
www.revivauk.com
Real People ..... Real Debt Solutions |
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Skippy
forum expert
United Kingdom
3290 Posts |
Posted - 18 July 2009 : 10:25:29
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Do you know if they've got any plans to update the figures Paul? The ones on the spreadsheet are very out of date now and some of allowances are unreasonable.
I was interested to read the average monthly council tax in England is £90 - £130 per month - our maisonette is a band C and we pay £130 so anyone in anything bigger will be paying a lot more!
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/
24 IPA payments made, 12 to go - on the home straight! |
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Reviva UK
Advanced Member
United Kingdom
2452 Posts |
Posted - 18 July 2009 : 16:41:22
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Hi
the figures are way out of date and really should be reviewed anually.
It seems that each office does things differently and we have files on what most office do and don't like / allow.
Some costs are provable ( council tax, utilities)
Some need to be argued ( petrol, food for special dietry needs )
and some are flexible by the OR deoending upons whether you have taken the **** with everything else.
Sometimes they actually increase your allowance on some areas and reduce them in others.
Paul Johns
Bankruptcy Specialists
Reviva UK
www.revivauk.com
Real People ..... Real Debt Solutions |
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cpharo
New Member
United Kingdom
58 Posts |
Posted - 20 July 2009 : 12:25:35
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Thanks for your information.
How much would I be allowed a month for clothes for me and my daughter?
quote:
Originally posted by gettingoutofdebt
£150 is not a lot after paying bills if it doesn't include food; does this include paying your creditors?
If this is after paying food, etc. and is really disposable income (DI) then the OR would take 50% of it. £99 or less DI you would keep everything, more than than and you would pay between 50% and 70%
The guidelines for 1 adult for food are around £185/200 so you should expect around £300 or so if you have a daughter to pay for as well. You can include clothes, haircuts, Internet for homework, telephone, etc.
cpharo |
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gettingoutofdebt
forum expert
2418 Posts |
Posted - 20 July 2009 : 12:42:55
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| Clothing for 1 adult is £49 and £96 for 1 adult/2 kids so you would get somewhere in between. Put down £80 and see if the OR says anything about it. All they can do is reduce it and if it is reduced to something that you don't consider reasonable you can query it. |
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cpharo
New Member
United Kingdom
58 Posts |
Posted - 20 July 2009 : 13:01:06
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Thanks for your advice again you, just have one more question.
Does the OR allow you monry to take your children out through the month, places like swimming or cinema and do they allow adults money for socialsing
quote:
Originally posted by gettingoutofdebt
Clothing for 1 adult is £49 and £96 for 1 adult/2 kids so you would get somewhere in between. Put down £80 and see if the OR says anything about it. All they can do is reduce it and if it is reduced to something that you don't consider reasonable you can query it.
cpharo |
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gettingoutofdebt
forum expert
2418 Posts |
Posted - 20 July 2009 : 14:15:08
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| Socialising would need to come out of the disposable income (DI) after the rest of your expenses and any IPA that is paid. If you are liable for an IPA you would only pay 50%-70% of the DI so the rest is for socialising or whatever you want to do with it. |
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I am looking to apply for bankruptcy
