I have £27,000 unsecured debt and wil lbe apllying for bankruptcy in the new year, as this is what I have been advised to do by the CAB and the CCCS, I have no assets and live in a housing association property. I have £190 disposable income left, my question is how much will the OR take of this towards an IPA?
It all depends on the final inc & exp budget you will go through with the OR (make sure you use up all the allowances you can!) If having done that the OR comes to the figure you state (or whatever the final figure is) if it is over £100, you will be liable to pay 50% for 36 months
Melanie Nicholas 28 years insolvency experience - 23 of which in the Insolvency Service - Insolvency Manager Jones Giles email me at melanienicholas@jonesgiles.co.uk
Hi,I have £27,000 unsecured debt
Posted - 03 December 2009 : 12:25:19
