Results of my OR interview

peachyprice

peachyprice wrote: »

Yep agree BaaB

Income £2455, less £2334 = £121
Sounds like he has included CB while working out surplus, which would make it £397, not sure what the IPA % is on that?
Tut tut!

Molly, this is the % table, 1st column surplus, 2nd column IPA amount, 3rd column IPA%. Unless there's something else on your I&E he has disallowed, to give you an initial IPA of £240 he must have had your surplus between £360-£370, he's now saying it's between £330-£340, to get to that figure he must have included CB.

100 50 50
110 55 50
120 60 50
130 65 50
140 70 50
150 75 50
160 80 50
170 85 50
180 90 50
190 95 50
200 100 50
210 105 50
220 110 50
230 115 50
240 120 50
250 150 60
260 156 60
270 162 60
280 168 60
290 174 60
300 180 60
310 186 60
320 192 60
330 198 60
340 204 60
350 231 66
360 238 66
370 244 66
380 251 66
390 257 66

blind-as-a-bat_2

MollyBear wrote: »

Sorry but being stupid, but how do they work out the IPAs?

They use this Calculator

But it seems to confuse people more unless you understand how it works

blind-as-a-bat_2

MollyBear wrote: »

erm... yes but I havent posted it yet......

I have to go for a short while but dont panic, you dont have to return it yet, but i dont really think you should on the face of whats posted in this thread.

I dont want to say im certain untill i can spend a bit more time going through it to make sure, but i dont believe you should have an IPA at all, or at least no where near that amount.

MollyBear

hmmm, if I've used the calculator right we should have 124.00 in the assessed monthly payment box..... does that mean we shouldn't pay one?

I added both wages, the CB and CTC in the income boxes.

My heads spinning lol.

Thanks so much to you all for your replies, help and time.

Molly
x

Diamond66

jeez it is scary to read how some of these ORs operate! Pure luck of the draw as to which type we get. Hope the experts on here help you fight your corner Mollybear.

peachyprice

MollyBear wrote: »

hmmm, if I've used the calculator right we should have 124.00 in the assessed monthly payment box..... does that mean we shouldn't pay one?

I added both wages, the CB and CTC in the income boxes.

My heads spinning lol.

Thanks so much to you all for your replies, help and time.

Molly
x

Molly, that box is the amount of the IPA based on the figures you put in.
Have you missed something off, because with the figures you posted earlier there should be around £120 in the 'bankrupts disposable income' box, with 50% beneath it, and around £60 in the 'assessed monthly payment' box.

Did you put CB in the 'Monthly income - other sources' box?

MollyBear

This is how I filled it in, probably wrong lol!!

MONTHLY INCOME - Bankrupt

INCOME SOURCE 11,704

Total1,704

MONTHLY INCOME - Other sources

INCOME SOURCE 1: 350 (my wage)

INCOME SOURCE 2: 402 (CTC)

INCOME SOURCE 3: 276 (CB)

Total 1,028


TOTAL INCOME 2,732

Bankrupt's %age of Total Income 62

Other sources %age of Total Income 38

£ Is this a shared cost? Bankrupt's Share £
Mortgage or rent 500 y 312
Council Tax 113 y 70
Gas 60 y 37
Electricity 60 y 37

Water 20 y 12
Telephone 50 y 31
Housekeeping 780 y 486
Travelling 180 y 112
Clothing 150 y 94

Other possible outgoings to be considered

TV licence 13 y 8
All ins (car & home) 57 y 36

School Meals 104 y 65
After School 0

Dentist 15 y 9
Prescriptions 15 y 9
Opticians 15 y 9

Hairdressers 35 y 22
Holidays (UK only) 50 y 31
Other essential item 117 y 73
(car tax 17, home main 40, car main 20, mobiles 40)

Total Outgoings 2,732
Bankrupt's %age of Total Income 62
Other sources %age of Total Income 38

Bankrupt's disposable income 248

Percentage to be collected 50

Assessed monthly payment rate 124

blind-as-a-bat_2

You do not enter CB into that calculator anywhere MollyBear Hover your mouse over the little red triangle for instructions/notes

Can i ask is the CTC in your name, if so and if your OR did a separate sheet for each of you i get it to no IPA

shadowdragon

I cant belive what the OR has done here, when I read the first post I thought to myself, hes cutting back allowances to make sure to get an IPA, reading on it seems thats the case.

I would seriously ring up the OR office and ask to speak to this ORs superior there not following there own rules there.

blind-as-a-bat_2

Ok I will try (and probably confuse you even more) to explain how an IPA SHOULD be calculated.

When you go bankrupt you do so as an individual so only your income and expenditure is counted in the calculations for an IPA for you and visa versa in your OH,s case

But if you’re married/in a partnership some or all expenditure (as in your case) is shared with your partner.

So you enter your income in full and Your OH,s contribution, now in your case that is all his too, but if only you had gone BR you could have just stated say 50% of his, if it balanced your I&E.

In the expenditure bit you list all shared expenses AND any that just you pay (doesn’t apply as all yours is shared)

That in your case gives you no surplus obviously, but if you swap it round to asses your OH as long as the CTC are classed as your income, as in they are in your name, then your OH doesn’t have a surplus either.

The only way to get a surplus is to join all income together and enter it as a whole, now while it may seem obvious to do that, it is incorrect as you should be assessed separately.

Did that make any sense?