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bothskint
Junior Member
201 Posts |
 Posted - 23 January 2009 : 22:49:01
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where it says How much do other members of your household contribute each month to the household expenses? do i put my partners total take home pay?
I have just realised the time, lol  is there even anyone out there? i suppose there must be coz there is naff all on the tv tonight  |
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bothskint
Junior Member
201 Posts |
Posted - 23 January 2009 : 23:06:25
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also, with the outgoings (online forms), do i just put a total for the other expenditure then list the things its for? it wont allow me to put any figures in the extra box? should i provide a full list on a seperate sheet of paper as there doesen't seem to be anywhere else to put this info?
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John
New Member
United Kingdom
73 Posts |
Posted - 23 January 2009 : 23:46:12
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Hi
don't know about the online forms but the other contributions figure is one of the most important figures that you enter on the SoA.
It doesn't ask for your partners net income so why put it? The debts are yours not theirs. The higher the contribution, the higher the potential disposable income so the more likely an IPA will be proposed. The upshot of that is that your partners excess income over and above essential expenditure will be paying your IPA.
Get the expenditure figure correct first. (A)
Then enter your income plus benefits.(B)
Then deduct B from A and enter that figure as your partner's contribution.
Voila!!!!
No IPA.
www.Bankruptcyhelp.org.uk
0800 078 9367 |
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bothskint
Junior Member
201 Posts |
Posted - 24 January 2009 : 08:15:30
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Ok, Thanks John. I get it  ,
But as we are both going bankrupt, do I do the same thing on my partners forms with regards my income? Won't the OR think something is a bit dodgy if they look at both forms? Just dont want to get into trouble & between us there is quite a bit of disposable income, at least £500.
Will be posting my i&e for inspection later
Dawn |
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John
New Member
United Kingdom
73 Posts |
Posted - 24 January 2009 : 09:08:14
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Hi
absolutely correct.
If both partners are declaring then both net incomes must be declared on both sets of doc's.
Sorry for that, my previous post only works when one party is declaring not both.
www.Bankruptcyhelp.org.uk
0800 078 9367 |
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bothskint
Junior Member
201 Posts |
Posted - 24 January 2009 : 09:31:19
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no probs John, thanks for clearing that up :)
Dawn |
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forms again :) section 6
