Bankrupcy while employed - half pay salary (sickness) and SOA

Anna39

Tigerfeet - I would hate to deny you life little pleasures so... will pick your brain a bit more if you do not mind.

Yes, I know it is 2.20 am

If no IPA is set up when I go BR - that is fine.

If one is set up (can not see how but....) - rent, CT go up every year (April) , gas/electric/water etc prices are creeping up all the time.

How quickly are IPAs normally updates accoring to changing circumstances?

I am trying to figure out my monthly SOA - is the one I posted reasonable for a ahousehold of 1 adult (me) and 1 child (adult really as my daughter is 18 but still at College plus 1 dog and 1 cat)?

Salary £1,100.00 - I am assuming that amount as this is half of what I normally get and from 1st Oct I am on half pay
ChB £ 75.00
Total Income £1,175.00



Rent £ 314.00 (water inclided in the rent)
CT £ 97.00
Gas £ 70 (same amount every month payment scheme)
Electric £ 30 (same amount every month payment scheme)
TV License £ 12.00
BT £ 50.00
Mobiles £ 30.00 (me and my daughter - 2 lines)
Total Bills £ 603.00



Daughter Travel £ 60.00
Daughter Lunch £ 80.00
Dog/Cat Food/Litter/Vet £ 60.00 (1 cat and 1 dog - large German Shepherd)
Food £ 370.00
Perscriptions £ 30.00 (I get 3-4 perscriptions per month)
Clothes £ 60.00
Holiday £ 40.00
Total Other Expenses £ 700.00



Balance -£ 128.00

Also, as my daughter is 18 and will be finishing College in the summer next year (so within the first 12 months of my going BR and definitely before discharge) - is this going to affect my SOA?

Will this be seen as her then being an adult and not allowing me for any expenses for her?She plans to go to Uni (hope she does)but she will be living at home -will the OR want another SOA then without taking my daughter into account with my expenses as a non dependant then?

I understand OR needs to informed of any changes in the income - I am not sure if the situation as above would in a way qualify as change of income (1 less person to account for as far as OR is concerned with the expenses?)

Thanks a million

And one more thing (at 3.30 am).

If one goes BR lets say on 1st November then waits for the OR interview and set up of an IPA - IPA is set up and payable how soon after? If there is a delay in setting up an IPA - say one is set up in January - will one have to pay 3 months worth of it at once?

tigerfeet2006

When you have a change in circumstances you inform the OR you ask to have a new SOA sent to you and you fill it in to your new circumstances, send it back to be reviewed and changed.

Your DD will still be a dependant if she goes to university, although obviously she will have an income from grants. Weather the OR will take these into account I don't know but that is a question to ask nearer the time as rules change.

You don't have to pay back pay for the IPA it starts on the day that is specified, so for the first few months you would have the extra pay in your pay packet.

Don't forget that the tax will be different on a lower wage so you may have a bit more than you think. When you get that wage packet we will have a proper look at your SOA.

shadowdragon

you can get a prepay prescription form that costs 10 per month its cheaper than paying for individual items.

philnicandamy

http://www.ppa.org.uk/ppa/ppc_intro.htm

apply online/telephone......i've had one for a few years saves me a fortune

tinkerbell84

Anna39 wrote: »

As I have mentioned, I am oficially on 38k per year which raoughly translates to about 2300-2400 per month (after tax) plust about 75 per month ChB which I get for my 18 yo daughter who is still at College (last year).

But due to long term sickness (stress at work, signed off by my GP - totally unrelated to my debts) my salary will go down to half (about 1100 per month after tax) from the 1st of this month only showing this on my payslip at the end of the month

Just wanted to say, that you'll get slightly more than half your net salary on half pay, as your tax and NI deductions will be lower

Just checked, and net pay on £19k per annum is about £1240 per month (compared to £2330 net per month on £38k)

Looks like that extra £140 a month will make a big difference to you.

Anna39

Don't forget that the tax will be different on a lower wage so you may have a bit more than you think.

Just wanted to say, that you'll get slightly more than half your net salary on half pay, as your tax and NI deductions will be lower

Just checked, and net pay on £19k per annum is about £1240 per month (compared to £2330 net per month on £38k)

Looks like that extra £140 a month will make a big difference to you.

Tigerfeet and Tinkerbell - actually I was afraid of that - as this extra may make a difference between no IPA and having an IPA.....and I would rather not have one to be honest, not when I will be on so little money as this will open the 3 year of IPA scenario.

But thansk for checking (I was avoiding the LOL)

Anna39

Shadow, Phil - thanks for that.

At the moment my GP gives me 3 months worth of each tablets on one perscription but as I have moved I will need to change a GP and this may not be possible so will have to look into prepaid perscriptions then.

Thanks again.

shadowdragon

Anna39 wrote: »

Tinkerbell - actually I was afraid of that - as this extra may make a difference between no IPA and having an IPA.....and I would rather not have one to be honest, not when I will be on so little money as this will open the 3 year of IPA scenario.

But thansk for checking (I was avoiding the LOL)

are you likley to return to work in the near future? Will you get half pay indefinatley?

I was on six months full, six months half then they terminated my contract due to ill health, that was nearly two years ago when I was terminated.

I wouldnt worry about it too much as you may not know whats round the corner if you know what i mean. just accept it, if you have to pay an IPA you have to pay one. Theres nothing you can do about it.

Sorry dont mean to be abrupt about it, its just how the BC rules are. But remember everything is negotable with the OR.

Anna39

Shadow - my work problems have been going on for a while and I already had 6 months full pay so looks like we were/are in a similar situation as my contract may be terminated too.

If not, I am entiled to 6 months half pay which has started at the beginning of October.

I rather not go into details about work here, let me just mention possible Industrial Tribunal...

I am not likely to go back to my current job but very likely to start looking for something else soon after the 6 months half pay is over.

The few pounds difference in money will make or break the IPA possibility and with that cross out the option of being debt free straight after the discharge in 12 months and this dragging on to full 3 years.

Yes, of course it worries me as I am very unlikely to get a job anywhere close to the 38k I am on now (very specialised job, very few places) so may need to basically start from zero again

But - what will be will be...

Thanks for all the advice.

shadowdragon

Well depending on what area your in, I was in education, they have to wait the full year before even addressing the termination of the contract. then they have to come up with a reasonable reason to do so.

I understand what your saying, what im saying really is dont do anything that will get you in trouble (i.e telling porkies to the OR) wouldnt want to see you in more stress, and a BRU just to try and avoid an IPA, the OR has prob seen it all before anyway.