| Author |
 Topic  |
|
cpharo
New Member
United Kingdom
58 Posts |
 Posted - 12 January 2010 : 17:23:57
|
Hi, I am applying for bankruptcy on the 22/01/10. Please would anyone mind checking my I & E for me, it is for me and my daughter. Also please would you be able to tell me how much I will have to pay for an IPA as I will have about £145.00 left after all of my essential living costs.
INCOME £527.32 tax credits per month
£86.00 child benefit per month
£1108.00 Wages per month
TOTAL INCOME £1721.32 per month
MONTHLY OUTGOINS
£465.00 rent
£120.00 council tax
£12.12 tv liscence
£50 gas/electric
£260 food/cleaning products/toiletries
£72.00 travel
£20.00 water
£35 mobile phone
£386 child care costs
£60 clothes/ footwear/ school uniform for my daughter
£15.00 hair cuts
£40.00 school meals
£40.00 lunch at work
TOTAL EXPENDITURE £1575.12 per month.
|
|
|
gettingoutofdebt
forum expert
2418 Posts |
Posted - 12 January 2010 : 18:44:06
|
Is there just you and your daughter in the household? If so everything looks ok but what about:
Internet - Does your daughter need this for her school work? The Internet for educational purposes is an allowable expense
Dental/Medical - You should put something down for this just in case. Put £10 just in case you end up needing some dental work or need a prescription.
Clothes - I would probably raise this to £80. The guidelines are £43 for 1 adult and £117 for 1 adult/2 children so you should be somewhere in the middle and £60 is towards the low end.
Domestic break - This isn't always allowed especially if it is the difference between getting an IPA or not but it is worth a try. £30 for the two of you should be ok.
If you do end up with a DI of £145 then you would have to pay 50% (£72.50) as an IPA. |
Edited by - gettingoutofdebt on 12 January 2010 18:44:53 |
 |
|
|
Richard P
Senior Member
United Kingdom
1701 Posts |
Posted - 12 January 2010 : 20:28:06
|
come on cpharo
check back through bank statements, you must be able to find something that they will allow worth £48 PCM. obviously something that you actually do,
I am sure that you have already looked at the OR web site for allowances (some one will post the link soon)
Car tax ?
regards Richard |
|
|
|
Niobe
Administrator
United Kingdom
4590 Posts |
Posted - 12 January 2010 : 20:38:33
|
Richard - you should not be encouraging people to try an avoid an IPA.
Buckle your seat belt Dorothy, 'cos Kansas is going bye bye.
Jan
xx |
|
|
|
Richard P
Senior Member
United Kingdom
1701 Posts |
Posted - 12 January 2010 : 21:01:41
|
Hi Jan
Defiantly would not encourage anyone to put down false claim or avoid IPA however I would encourage anyone to check and check again, against the official list.
The OR will not say , You should have claimed for XYZ but they will disallow claims that do not match the strict criteria, My encouragement was for cpharo to go through bank statements and check the details
A claim has been entered for work travel, Does that include car tax, if not it could be added to the form.
I claimed for protective boots, a tool of my trade, which on first completion of the form I missed, the OR did allow my claim
Regards Richard
|
|
|
|
Niobe
Administrator
United Kingdom
4590 Posts |
Posted - 12 January 2010 : 21:34:33
|
They may not have a car.
I do agree that you should allow for dental charges for yourself, obviously your daughter's will be covered. Prescriptions will also be covered for your daughter, but you may need one yourself so allow for that.
Buckle your seat belt Dorothy, 'cos Kansas is going bye bye.
Jan
xx |
|
|
|
Steve Thatcher
New Member
United Kingdom
70 Posts |
Posted - 13 January 2010 : 10:58:03
|
You should include holiday at £60 per month and also try a contingency of £50 per month. I always put these in and have not had any trouble yet. Everybody needs that little set aside for when a washing machine breaks or the car needs urgent repairs.
Steve Thatcher
**Contact details removed** |
Edited by - Skippy on 13 January 2010 11:51:07 |
|
|
|
Skippy
forum expert
United Kingdom
3290 Posts |
Posted - 13 January 2010 : 11:50:40
|
I've never heard of anyone being allowed a contingency in BR as this should come out of any surplus income.
I agree with Jan, the figures that you put down should be what you actually spend and shouldn't be inflated just to avoid an IPA.
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/
30 IPA payments made, 6 to go - the end is in sight! |
|
|
|
Jane.l
Average Member
511 Posts |
Posted - 13 January 2010 : 12:24:13
|
If you inflate the figures, the OR will just knock them down
Just put exactly what you spend and then if you have to send in reciepts, etc to prove it, you will be ok
contingency is not allowed in bankruptcy, neither are:
xmas
birthdays
etc
|
|
|
|
debtinfo
forum expert
2826 Posts |
Posted - 13 January 2010 : 17:47:39
|
| just to add my weight agree with skippy and jane |
|
|
|
Housing
Senior Member
United Kingdom
1399 Posts |
Posted - 13 January 2010 : 18:59:51
|
Hi
And I add my weight too - well done Skippy, Jane and debtinfo
Regards, Richard
"Life is generally something that happens elsewhere" (Alan Bennett - author and hero of mine!!) |
|
|
|
worriedwife
Starting Member
United Kingdom
43 Posts |
Posted - 13 January 2010 : 22:40:42
|
| Hi my hubby has an appointment at 9:15 on 14th Jan TOMMORRRROW to file for BR we have filled all the forms spent hours getting all the paper work in order not sure what will happen tomorrow can anyone tell me pleaasssse !!! |
|
|
|
Housing
Senior Member
United Kingdom
1399 Posts |
Posted - 13 January 2010 : 22:48:19
|
Hi
Please do not fret.
It is a process that is over within minutes generally. Sometimes, a petitioner will not even see the judge - it will be the cleark who passes the petition to the jidge and he/she makes the order and all that happens then is the BO is passed back and the next stage is the OR interview - again, generally nothing to worry about and the OR examiner will be very understanding in most cases. Be honest with them when being interviewed - that is all it needs! Good luck, Richard
"Life is generally something that happens elsewhere" (Alan Bennett - author and hero of mine!!) |
|
|
|
worriedwife
Starting Member
United Kingdom
43 Posts |
Posted - 13 January 2010 : 22:59:02
|
| thnxs Richard , so will the whole process start tomorrow we have worked very hard getting all the documents and papers in order i cant think we have missed anything infact im worrying about worrying , its not me only my husband but im going to go with him |
|
|
|
Housing
Senior Member
United Kingdom
1399 Posts |
Posted - 14 January 2010 : 11:38:01
|
Hi
Only just seen your last posting yesterday night.
By now, the process will be behind you and the next step is the OR interview. Again, it is going to be (in all probability) much less daunting than you are thinking.
The OR is an officer of the court and yes, his duty is to the creditors, BUT, if you are honest and open with the examiner at interview, it will be fine.
I look forward to the posting later to say the court was fine too!
Regards, Richard
"Life is generally something that happens elsewhere" (Alan Bennett - author and hero of mine!!) |
|
|
|
Richard P
Senior Member
United Kingdom
1701 Posts |
Posted - 14 January 2010 : 11:48:48
|
Hi Worried wife
hope that every thing goes OK
although all courts are roughly the same, they do have regional variations, it might help posting the court and someone may have attended the same court and give you the run down
regards Richard |
|
|
|
Topic |
|
Hi, I am applying for bankruptcy on the 22/01/10.
