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kelly-v
Starting Member



35 Posts
Posted - 23 October 2009 :  12:27:42  Show Profile  Visit kelly-v's Homepage  Reply with Quote
what is a reasonable clothing allowance to put down for 2 adults and a 2 year old?

gettingoutofdebt
forum expert



2418 Posts
Posted - 23 October 2009 :  15:14:19  Show Profile  Reply with Quote
The guidelines are in the following Excel spreadsheet - www.insolvency.gov.uk/DocumentLibrary/Policy/Excel/Household%20Expenditur.xls

The clothes guidelines for 2 adults/no children is £117 and for 2 adults/2 children is £156.

For 2 adults/1 child you should put somewhere in between so around £135 or so.
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DJ83
Starting Member

10 Posts
Posted - 23 October 2009 :  18:47:00  Show Profile  Reply with Quote
Hi, is that table an official bankruptcy guide that the court will use to decide how much is repaid? What's an OR?
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gettingoutofdebt
forum expert



2418 Posts
Posted - 23 October 2009 :  18:59:43  Show Profile  Reply with Quote
The table is the guidelines that ORs (Official Receivers) are expected to follow. Some ORs are more lenient that others especially if you are paying an IPA (Income Payment Agreement).

Once you are declared BR an OR will be assigned your case and it is their job to act on behalf of your creditors and obtain any money (via assets or an IPA) to pay to creditors.
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