need help answering ipo/ipa questions....

solski

hi all

i was declared bankrupt in august after months of deciding my options, an yesterday had my interview with the OR over the phone (she was very nice aswell, which was a bonus because i was s**ting myself!!)
anyway after she took down my details of my outgoings i had £190 disposable income left, for which she said £120 will be taken for my IPO, my question is, is that too much for the £190 im left with each month as i feel £70 a month isnt alot to feed my pets and other things which i belive cant be counted as my monthly expenditures??
thanx

peachyprice

Hi Solski, did you include £20 for pets on your SoA?
If you only had £190 surplus they should only be taking 50%, £95.

If you don't agree with the amount they want to take you can ask for a breakdown of what they have allowed and disallowed.

HTH

solski

hey peachyprice

i didnt include anything for pets as i was told these were not aloud ( but im guessing i was given wrong info)

peachyprice

Yes, you were, you are allowed £20 ish. You still add this to your SoA, just tell the OR you forgot. You also need to find out what else they haven't allowed because £120 is too much.

Remember, an IPA is an agreement, you don't have to sign anything until you agree the figures.

HTH