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discharged
crum
Posts: 67 Forumite
Well..I've never know anything like this bankruptcy malarky!
5 months & I'm discharged??
But my question is...what freedom does this actually give me? My letter states I still have to comply with certain sections in certain acts..?
So what are my boundaries?
Thanks in advance.
Bread Crum
5 months & I'm discharged??
But my question is...what freedom does this actually give me? My letter states I still have to comply with certain sections in certain acts..?
So what are my boundaries?
Thanks in advance.
Bread Crum
0
Comments
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Hi crum :hello:
Hey - well done on your discharge! :T :beer:
I must say that was quick! Although there have been some posts on here with a similiar situation to yours.
Not sure what the restrictions are but hang on in there as someone will be along with some help and advice.
x0 -
congratulations...
if you win the lottery you can keep it
you can act as a director
if you have assets you still have to deal with the OR
if they ask you anything you still have to reply
You can get credit over £500 and not tell them your BR (well actually your credit record is shot for the next 5 years and 7 months)
But now you can move on, if you dont have a IPA you cant get one now.0 -
i have nil tax coding so does that still continue?? coz i have to send my payslips to moonbeaver each month??
biscuit crum0 -
yes crum, that will continute until either you start a new job or the end of this financial tax year.0
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sorry guys another Q..
i have theopportunity of doing a lot of o/t but hesitating to put forward coz i don't want it to struff me over. is it better to wait until the dealing with moon beever is over?
thanks so much0 -
what you mean dealing with over? you mean next april?
what ever way you go you will still have to pay the tax either to the IR or moonbeever so i dont see how it can make any difference.
If you have a IPA you will have to let the OR know.. if not then a good chance for some extra cash..0 -
crum will have an IPA, as crum is on NT....so crum will pay NT IPA to mooningbeevers.
As I doubt the overtime will wait until next April....crum is probably as well off doing the o/time...moonybeevers will work out the temporary increase in NT IPA...but it really is doubtful the OR will suddenly decide this is the new, regular level of income, and impose a surplus IPA as a result...mine didn't.
so crum..goforit.No, I don't think all other drivers are idiots......but some are determined to change my mind.......0 -
If crum doesn't have a surplus IPA then it makes no difference whether he pays more money on his NT IPA as even if he didn't have a NT code he would still be paying more tax if his income went up.
:j :j
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yup...nothing lost then...No, I don't think all other drivers are idiots......but some are determined to change my mind.......0
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