| T O P I C R E V I E W |
| abr |
Posted - 24 June 2008 : 14:30:24
hi all, i have just received a letter from the trustee asking me to fill out a short questionare and on it he asks who earns what in the houshold, my husband is the main earner as i am on incapacity benefit will he take that into effect and give me a bru/bro [what ever that means]on my husbands earnings
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| 7 L A T E S T R E P L I E S (Newest First) |
| abr |
Posted - 25 June 2008 : 12:57:34
thank-you suzanne you have eased my mind a great deal. |
| Suzanne |
Posted - 25 June 2008 : 09:50:40
I think what has happend is that the Trustee has called a meeting of creditors. This perfectly normal, they probably just want agreement to their fees.
It doesn't sound as if you have any spare money for an IPA. Just put down what you actually spend every month. You should calculate it again as the Trustee is trying to make sure nothing has changed since you petitioned.
Suzanne Stocker
Bankruptcy Manager
Jones Giles Ltd
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| abr |
Posted - 24 June 2008 : 22:57:34
i had 10k from the sale of our house which i handed over to the OR now i have been handed over to a trustee. is this unusual then |
| melanie_giles |
Posted - 24 June 2008 : 21:59:33
Seems odd that the OR is calling a meeting of creditors. Do you have assets which now form part of the bankruptcy estate?
For an informal chat about any financial difficulties, or advice as to the options available, I can be contacted via my website - www.melaniegiles.com |
| abr |
Posted - 24 June 2008 : 16:49:08
just looked at our incomings and outgoings and it seems that we have 85 pounds a month surplus but my son is leaving college anytime now so i will be losing my child benefit and child tax credits soon so will the trustee take that into account. i honestly do not mind him taking money out to pay back as i lent it so i should have to pay it back but we are still struggling to make ends meet some months and the strain of it all is really affecting our marriage. i just cant wait for this part of things to be over and done with so i can look forward to some sort of future. |
| abr |
Posted - 24 June 2008 : 16:05:38
thanks for the reply suzanne. would you also know if it would be ok to just send a copy of the income and expenditure page off the bankruptcy forms in to him. in the letter it states that he has called a meeting with my creditors on the 25th july do you think he will want to interview me before or after that. |
| Suzanne |
Posted - 24 June 2008 : 14:39:19
Hi abr
Income and expenditure will be worked out on a pro rata basis, which means if he earns 90% of the income he would pay 90% of the bills. An Income Payments Agreement/Order (IPA/IPO) would then be worked out on your share of income and expenditure.
Suzanne Stocker
Bankruptcy Manager
Jones Giles Ltd
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