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suzi.ds
Starting Member



1 Posts
Posted - 12 May 2010 :  16:37:13  Show Profile  Visit suzi.ds's Homepage  Reply with Quote
If I declare myself bankrupt will I be allowed to keep some money for living expenses? If so how much is deemed reasonable?

Richard P
Senior Member



United Kingdom
1701 Posts
Posted - 12 May 2010 :  20:55:52  Show Profile  Reply with Quote
once all of your essential expenses have been taken into account you will be allowed £99 PCM as disposable income

after that amount the OR will claim betwen 50 - 70 % of left over

so cannot give exact figure as do not know you financial situation (except for considering Bankruptcy)

regards Richard
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