To declare wage rise to OR whilst on IPA?

dreamcatcher73

I agree with the others, you need to be honest all the way, the consequences if you aren't will be much worse than having to part with some of your income for the next 2 and half years.

Don't forget that during this time anytime your circumstances change you can submit a new SOA, so if you do decide to rent your own place, the costs for this would be taken into consideration.

FraudBuster

What have the CFS figures got to do with BR anyway

If you are going to argue with the OR about the figures used to assess an IPA, then the more information that you have the better.

Although a year out of date, the CFS figures (June 2008) are more current than the OR figures (February 2008).

blind-as-a-bat_2

FraudBuster wrote: »

If you are going to argue with the OR about the figures used to assess an IPA, then the more information that you have the better.

Although a year out of date, the CFS figures are more current than the OR figures.

Errrm no they are not, the BR figs where updated in 08, at the same time the CFS was;)

Now whether they where updated in a realistic manour is a differant question, but the fact remains in most cases the BR figs are more genourous than the CFS, though i concede i have not gone through every possible conatation, i do still have a bit of a life left........just

AndyAtkins

Thanks again for all your advice guys. Just to clear this up - I'm not asking my parents to lie - my father is having trouble with bills and can really do with the help at the moment. So if the OR wanted to ask my parents what i'm paying for rent they will be able to prove it.

Here's what we settled at first time round and I'm paying 66% of the disposable income. Not that easy really as I'm paying for my car (plus insurance/tax/maintenance) out of the surplus (as suggested by the charming interviewer at the OR's office!). I know i should sell the car but i'd get far less than the finance on it anyway!!

Yours, AndyA

Statement of Affairs and Personal Balance Sheet
Monthly Income Details
Monthly income after tax................ 1603
Partners monthly income after tax....... 0
Benefits................................ 0
Other income............................ 0
Total monthly income.................... 1603
Monthly Expense Details
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 350
Management charge (leasehold property).. 0
Council tax............................. 30
Electricity............................. 18
Gas..................................... 18
Oil..................................... 0
Water rates............................. 10
Telephone (land line)................... 10
Mobile phone............................ 35
TV Licence.............................. 6
Satellite/Cable TV...................... 0
Internet Services....................... 0
Groceries etc. ......................... 250
Clothing................................ 40
Petrol/diesel........................... 0
Road tax................................ 0
Car Insurance........................... 0
Car maintenance (including MOT)......... 0
Car parking............................. 0
Other travel............................ 260
Childcare/nursery....................... 0
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 8
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 0
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 0
Haircuts................................ 10
Entertainment........................... 0
Holiday................................. 0
Emergency fund.......................... 86
Total monthly expenses.................. 1131

Assets
Cash.................................... 0
House value (Gross)..................... 0
Shares and bonds........................ 0
Car(s).................................. 0
Other assets............................ 0
Total Assets............................ 0

No Secured nor Hire Purchase Debts
Unsecured Debts
Description....................Debt......Monthly...APR
Total unsecured debts..........0.........0.........-

Monthly Budget Summary
Total monthly income.................... 1,603
Expenses (including HP & secured debts). 1,131
Available for debt repayments........... 472
Monthly UNsecured debt repayments....... 0
Amount left after debt repayments....... 472
Personal Balance Sheet Summary
Total assets (things you own)........... 0
Total HP & Secured debt................. -0
Total Unsecured debt.................... -0
Net Assets.............................. 0

dreamcatcher73

my suggestion would be to write down exactly what you have to pay, not a penny more, not a penny less

peachyprice

AndyAtkins wrote: »

I know i should sell the car but i'd get far less than the finance on it anyway!!

But any shortfall would be included in your bankruptcy.
I take you don't need it for work? If not it's a luxury you cannot afford at the moment.

Have you asked your parents how much they NEED from you so they're not struggling? Are you paying 1/3 of all bills, or less?

AndyAtkins

Yes I'm paying around a 1/4 of the bills as my brother also lives at home and is currently unemployed. I feel I should be making more of a contribution.

Has anyone got a copy of the IPOQ? Is that what I get when I declare a wage rise ore is it another SOA?

tigerfeet2006

AndyAtkins wrote: »

Thanks again for all your advice guys. Just to clear this up - I'm not asking my parents to lie - my father is having trouble with bills and can really do with the help at the moment. So if the OR wanted to ask my parents what i'm paying for rent they will be able to prove it.

Here's what we settled at first time round and I'm paying 66% of the disposable income. Not that easy really as I'm paying for my car (plus insurance/tax/maintenance) out of the surplus (as suggested by the charming interviewer at the OR's office!). I know i should sell the car but i'd get far less than the finance on it anyway!!

Yours, AndyA

Statement of Affairs and Personal Balance Sheet
Monthly Income Details
Monthly income after tax................ 1603
Partners monthly income after tax....... 0
Benefits................................ 0
Other income............................ 0
Total monthly income.................... 1603
Monthly Expense Details
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 350
Management charge (leasehold property).. 0
Council tax............................. 30
Electricity............................. 18 find out what your parents spend on this and then put a third down
Gas..................................... 18 ditto
Oil..................................... 0
Water rates............................. 10 ditto
Telephone (land line)................... 10
Mobile phone............................ 35
TV Licence.............................. 6
Satellite/Cable TV...................... 0
Internet Services....................... 0
Groceries etc. ......................... 250
Clothing................................ 40 £50
Petrol/diesel........................... 0
Road tax................................ 0
Car Insurance........................... 0
Car maintenance (including MOT)......... 0
Car parking............................. 0
Other travel............................ 260 the OR may ask for proof of this so start saving recipts etc.
Childcare/nursery....................... 0
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 8 £15
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 0 get some insurance for you belongings
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 0
Haircuts................................ 10
Entertainment........................... 0
Holiday................................. 0 £25
Emergency fund.......................... 86 This definatly won't be allowed.
Total monthly expenses.................. 1131

Assets
Cash.................................... 0
House value (Gross)..................... 0
Shares and bonds........................ 0
Car(s).................................. 0
Other assets............................ 0
Total Assets............................ 0

No Secured nor Hire Purchase Debts
Unsecured Debts
Description....................Debt......Monthly...APR
Total unsecured debts..........0.........0.........-

Monthly Budget Summary
Total monthly income.................... 1,603
Expenses (including HP & secured debts). 1,131
Available for debt repayments........... 472
Monthly UNsecured debt repayments....... 0
Amount left after debt repayments....... 472
Personal Balance Sheet Summary
Total assets (things you own)........... 0
Total HP & Secured debt................. -0
Total Unsecured debt.................... -0
Net Assets.............................. 0

Do you wear suits to work? Do they need dry cleaning? £15. Do you pay any professional/union fee's?

dalip

You have to ask the OR to send one.

I have just one more question...if your father is struggling with the bills, why have you waited until now with the possibilty of a wage increase to up your contributions,when you could have increased them at any time in the last 6 months?.

The other point i will make is there is no guarentee you will get the same OR as files are quite often passed from person to person.As we well know no two OR's agree on figures, so you may get a totally different outcome to what you are expecting. Good or bad only time will tell.Dx

AndyAtkins

Thanks Tigerfeet but that is the SOA that I've been paying for 4 months. The emergency fund went down under maintenance payments and 86 was approved.