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 Gambling and SOA
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paulsc
Junior Member



289 Posts

Posted - 01 May 2009 :  08:04:51  Show Profile  Reply with Quote
Hi

Thought of a problem in doing my SOA on average over 2 yrs i have gambled about £142 a month though i have stopped for 2 months will i need to show on my SOA that i have £142 a month available

Suzanne
Average Member



United Kingdom
869 Posts

Posted - 01 May 2009 :  15:13:00  Show Profile  Visit Suzanne's Homepage  Reply with Quote
Hi Paul

It depends on how you got the £142 a month. If as a result of gambling this money you had to use credit to pay for general living expenses, then this is not available money.

On your SOA you just need to show what income you have and what your general outgoings are. If it transpires that you do have a surplus then you may have to pay an IPA.

Suzanne Stocker
Bankruptcy Manager
Jones Giles Ltd
www.jonesgiles.co.uk
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paulsc
Junior Member



289 Posts

Posted - 01 May 2009 :  17:06:09  Show Profile  Reply with Quote
Thank You for replies

i didnt increase debt through gambling but didnt decease it either but i suppose i spent less on food etc then i prehaps should of


Edited by - paulsc on 01 May 2009 17:07:23
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