IPOQ Outgoings Form

_ManWithNoName_

Hi.

Well the bankruptcy is probably the best thing so far I could have done, possible, not run into too much difficulty yet.

I ama bit miffed tho at the IPA. Basically. I could end up paying exactly what I was paying about 2 months ago due to starting work a getting a decent salary. I find this ridiculous (even tho I written off debt) because I am paying the same, but paid court fees and got bad credit rating..

Anyone have more info on what normally happens or what happens to them.

Also I am looking and have been delving around for things to put on this IPOQ form e.g is £50 a month a month for Mobile allowed e.t.c I want to max this form out as much as I can.

Also. What things do they check,will they want housing contract, mobile phone bills, council tax bills e.t.c

Thanx in advance..

D

skylight

There are no limits/minimums/maximums etc. You can only put down what you spend and the OR may ask for proof of expenditure (they may not of course).

Even if you put down high amounts, the OR will probably come back with a revised list of what he thinks is acceptable and if you argue that, then you WILL have to prove your expenses.

I can understand why you want to max out the I&E, and yes, I am sure that you will get away with upping everything a bit. Going to excess will be a problem though.

dalip

If you put down what you actually spend now we can see if you could poss be allowed more. Generally bc allowances are more generous than on any DMP so find it hard to believe you would be paying the same back during bc.The OR does not generally ask for proof,except in rent but if you take the ssip then he may well;) .D

_ManWithNoName_

What Is BC & DMP

Im bankrupt.

Here are details

450 Rent 70 Ctax 15 Water 15 Elec 15 Gas 100 Parking Work 90 Parking Home 200 Food 40 Mobile 15 Clothing 65 Petrol Work 25 Petrol Personal 55 Car Insurance 152 Student Loan 50 Holiday 10 dental 10 Car Tax 10 tv licence ?? Car Maintenance 8 Hairdressing 1395

When I filed, I had 0 income now after the above I have 700-900 disposable which is 70% they may ask for which comes to say 550. These were more or less the payments I was making before, so I am a bit annoyed to a degree and in principle would have paid off in 5yrs anyway but still had good credit as my rating wasn't bad.

Thanks Again
D

_ManWithNoName_

Sorry Didn't Paste...

450 Rent
70 Ctax
15 Water
15 Elec
15 Gas
100 Parking Work
90 Parking Home
200 Food
40 Mobile
15 Clothing
65 Petrol Work
25 Petrol Personal
55 Car Insurance
152 Student Loan
50 Holiday
10 dental
10 Car Tax
10 tv licence
?? Car Maintenance
8 Hairdressing
1395

skylight

Life Insurance?
Contents Insurance?
Landline??
Spectacles?

Would up slightly
Gas 25
Electric - 25 these are really low on your list
Food - 250 - the OR can reduce this if he wants
Clothing - 40
Dental - 15
TV Licence - 12
Car Maintain and MOT - 25
Hair - 16


Your income - you have ensured its net (after tax) and not gross??

dalip

_ManWithNoName_ wrote: »

Sorry Didn't Paste...

450 Rent
70 Ctax
15 Waterthis seems low for a mth?
15 Elec£30
15 Gas£30
100 Parking Work
90 Parking Home
200 Food
40 MobileJust put phone
15 Clothingcould up this to £40,more if you need smart clothes for work
65 Petrol Work
25 Petrol PersonalPut these together and make it at least £100
55 Car Insurance
152 Student Loannot sure if they actually allow this as an expenditure:o
50 Holiday
10 dentalperscription/opticians£10 each
10 Car Tax
10 tv licence£12
?? Car Maintenance£40
8 Hairdressing£10
1395

How about dry cleaning,any pets?,house insu,breakdown recovery.


If after that lot you still have £900 desposable income then i would be gobsmacked at your income


DMP= debt mangement plan. BC = bankrupt

skylight

Oh and

Bc or BR = Bankruptcy/Bankrupt
DMP = Debt Management Plan

skylight

Dalip - they will have to allow student loan as its a outgoing you cannot change. You can't chose to pay it and its not included in BR, so has to be acceptable in an I&E.

Cos I would damn well argue it if they said no!

dalip

We crossed sky but at least we agree today:j :rotfl:

skylight

dalip wrote: »

We crossed sky but at least we agree today:j :rotfl:

And we might agree tomorrow too!!!