Bankruptcy - My Income

lilacgirl_2

Hi,

Me and my partner are going to file bankruptcy next thursday (14th august) and i was wondering what to put as my income on the petition.

My partner has earnings of £0 as he's self employed and made a loss last year, I work part time and earn £ 9,500pa. We get help from tax credits and working tax credits of about £750.00pm this also helps pay our daughters nursery fees of £550.00pm.

My question is that I'm due to go maternity leave in september and my employers dont pay my normal salary while i'll be off, my salary for the next 9 months will be statutory maternity pay which is about £117.00pw.

When i go onto this salary change and 2nd baby is born our joint income will be per month:

Partner - £0
Me - £468.00
Tax/Work Credits - £1000.00 (will go up when baby born plus less money coming in from wages.

so do i put my income as statutory pay or normal pay?

so confused and need to get this kind of info right

thanks for your help in advance.

lilacgirl

thepinkladez_2

id say what you get on mat leave seeig as though this will be correct for the next yearish?not really sure with bankruptsy?maybe you could post on the bankruptsy & living with it board, they may be able to help a bit more!?

lilacgirl_2

thanks for that, i'll have a look for the forum )

dalip

Hi

You need to put your income as it stands on the day of bc without the debts.Again when you fill in your i&e sheet for the OR you do it as it is then. When you get your interview you can explain to the OR that your income will be changing.D

lilacgirl_2

Thanks for that - such timing of having a baby! lets hope my interview with the OR doesnt time with when the baby wants to make an appearence.

thanks again, i can breathe now

Dez-Titute

Now there's a thought.




You could then call him ED

Purplekylie22

Sorry if you dont already know, but I would speak with your HR department, it is unlikly that they will give you SMP for a whole year, they only legally have to pay you for 6 or 9 months I think.

***Just read you only said for 9 months anyway so ignore me***