I have filed for Bankruptcy today, Please could you advise on this question....

krissys · 26 January 2018 at 3:49PM

I filed for bankruptcy today after my sole trader business failed and I was unable to pay my business/personal debts.

My partner has a new job and also receive tax credits/child benefit for our children.

I do not receive any income at present.

When I filled out the form, I put all of this under income under household expenses as they go into my partners account and then I did expenses as a whole.

This left a surplus of £150 which is due to my partners earnings. (benefits do not cover my "share" of household bills)

So my question is, will my partner be required to pay this surplus as a monthly payment to my creditors?

fermi · 26 January 2018 at 4:07PM

krissys wrote: »

So my question is, will my partner be required to pay this surplus as a monthly payment to my creditors?

No. An IPA can only be made against a surplus from your own income.

krissys · 26 January 2018 at 4:14PM

Thank you so much for confirming this. I have a supportive partner who would do anything to help but was oping I wouldn't have to ask him to do this.

TimeToRebuild · 26 January 2018 at 5:49PM

As Fermi has stated, an IPA can only be made against you, as you have no income yours will be straight forward in regards to your expenses.

Good luck

mummyofboys1985 · 29 January 2018 at 9:16PM

I was made bankrupt in July.

My partner works and I do not. I didn’t include his income whatsoever. Just what money I got and any bills I pay.

OR fine with that and I’ve just done my 6 month review and again, just my income.

I have filed for Bankruptcy today, Please could you advise on this question....

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