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 bankruptcy postbag for may
 I & E
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Tess
Junior Member



United Kingdom
219 Posts

Posted - 04 May 2008 :  18:01:08  Show Profile  Reply with Quote
I have been told that the OR does not talke Tax credits/Child benefit into account is this correct and that becuase my salary is £1110 per month it is unlikely that I will get an IPA is that right.

Reviva UK
Advanced Member

United Kingdom
2452 Posts

Posted - 04 May 2008 :  23:08:37  Show Profile  Reply with Quote
Hi Tess

I would not expect you to have an IPA with that level of income, but it does really depend upon the overall picture.

How much disposable income do youhave per month ?

Paul Johns
Assisted Bankruptcy Specialists
Reviva UK
www.revivauk.com
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m and v
Average Member



United Kingdom
760 Posts

Posted - 06 May 2008 :  07:56:12  Show Profile  Reply with Quote
I only earn £435 a month - my husband contributes twice that to our household income - so will I too be unlikely to get an IPA?

Vicki x
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Skippy
forum expert



United Kingdom
3290 Posts

Posted - 06 May 2008 :  10:52:35  Show Profile  Reply with Quote
Whether or not you get an IPA depends on your level of disposable income. There is a table in my blog which gives you an idea of what you would be expected to pay should you get an IPA. I have also listed the expenses I was allowed to claim as part of my I & E.

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/
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m and v
Average Member



United Kingdom
760 Posts

Posted - 06 May 2008 :  18:34:10  Show Profile  Reply with Quote
Thanks Skippy.
When I filled in the SOE forms it left us with about £5 disposable income - no wonder my IVA failed! My husband contributes twice what I earn to the household expenses. I have my OR phone interview on Friday so I guess I am getting a bit jittery. I don't know what to expect from the call, we are very reliant on my husbands income for everything - my wages just cover the rent!

Vicki x
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m and v
Average Member



United Kingdom
760 Posts

Posted - 06 May 2008 :  18:46:17  Show Profile  Reply with Quote
.....that should be SOA form!?!


Vicki x
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