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mick1972a
Junior Member
235 Posts |
 Posted - 31 August 2009 : 09:39:30
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Hi is this right that child benefit is no longer exempt when calculating and IPA. Is this something that the High Court have agreed to or something IP have just changed. If its something that IP have just changed will this mean that more people will be saying no to an IPA and taking it to court to argue an IPO.
Thanks
Mick |
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debtinfo
forum expert
2826 Posts |
Posted - 31 August 2009 : 09:59:22
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| I have not heard of a new high court case however the Insolvency service have ammended their online technical guidance to remove the information about the high court cand now states that all benefits should be included in the calculation |
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debtinfo
forum expert
2826 Posts |
Posted - 31 August 2009 : 10:01:35
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| As a point of interest does anyone know what the Child benefit is actually officialy provided for. Is it the basic needs of the child, housing, food etc or is it for extra things such as birthdays, days out, toys etc or both |
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Jane.l
Average Member
511 Posts |
Posted - 31 August 2009 : 10:06:50
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Well, ours is for essential living costs, with it, we had about £20 per month surplus, without it, we would have had about £112 deficit |
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mick1972a
Junior Member
235 Posts |
Posted - 31 August 2009 : 10:10:21
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So we went BR in April and it was disregarded, as i understand it if it takes a full year for you to be discharged you do not fill out another IE form and your just discharged but if you get ED you have to. Would this mean if we got ED we would have to fill in another form and our CB would be counted this time or would it not as it was not counted originally,
Thanks
Mick |
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Jane.l
Average Member
511 Posts |
Posted - 31 August 2009 : 10:14:31
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| To be honest, I really do not know, some ORs include it, some don't but not sure on the official guidelines but ours tried to include it and wanted an IPA |
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sjbyron
Average Member
United Kingdom
746 Posts |
Posted - 31 August 2009 : 16:23:37
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Hi
Guidelines are for guidance and the OR has to make the informed decision, if he/she decided not to include it first time around then their is a big chance they wont include it this time, however I would make sure that your outgoings offset against it,
Stu J Byron |
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Topic |
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Child Benefit No Longer Excluded?
