Renting new / more expensive flat after BR?

Bethankim

Then you have had your answer,

i make no judgements about anyone - but an IPA does not take your desposable income it takes your surplus.

the allowances in the bankruptcy SOA are pretty generous,
£200 for food etc
£40 clothes
etc etc

the max of a surplus of 75% but thats if you have over £500 a month.
im not calling it one way or another the reality is for what ever reason you went bankrupt, the OR's are very used to people trying to tweak the system and will take steps in necessary, and even when discharged if they find out someone has no cooperted properly they can go back and have the dishcharge overturned.

so yeah do what ever you like, but its resonable to point out both sides of the coin.

SouthCoast

If you qualify for Housing Benefit the rates for your area can be found here:

https://lha-direct.voa.gov.uk/Secure/Default.aspx

onward

user1979 - I think you have to see your comment in context. I make no judgement of you whatsoever, but on this board you will find many, many folks that have made themselves ill over the issue of going BR.

Many (including me) still feel bad that we could not 'pay our way out of it'. We have struggled with debt for a long time (as you may have too), and now are just trying to get on by working hard and cutting back.

We also struggle constantly against the stigma of 'fly-by-night' bankrupts who use the option as a way to carry on as they wish and screw their creditors. Note - I am not saying that you are doing so, more that your attitude of "I'd rather splash the cash on a nice pad than pay the people who I owed" does take a similar tone.

However, I will give you an opinion on one thing. Rents in London do not have to cost the amount you have said. There are cheaper areas. They may not be so nice, but many of us live happily in them (me included).

I do not know your circumstances, nor would it be my place to guess at them, I'm just suggesting that you consider how others on this board feel before posting threads about how to avoid paying old creditors by boosting your personal expenses in a way that is beneficial to you. The OR office may be a big, unwieldy animal, but it is not dumb, and you may find your fingers burned more than you'd like.

Best wishes from me for your future

kai666

user1979 wrote: »

Will the OR be able to object to me moving from a £800pcm flat to a £1300pcm flat? I live in London and that's far from extravagant.

What sort of place would you be looking at for £1300? I live in London and it seems extravagant to me.

I really hope the OR is on the ball, if you go down this route:mad:

user1979

Using the LHA calculator (link helpfully supplied by SouthCoast), a 2 bedroom flat in N1 (which is nearish to where I currently live, I currently live in a 2 bed flat) would be eligible for £349.12 Housing Benefit per week.

That equates to £1518.85 per calendar month... Which is over £200 more than the £1300 figure I quoted from scouring Gumtree/Findaproperty for accomodation.

I hardly think that £1300 is excessive if the borough Housing Benefit will cover more! So to all of the posters moaning that £1300 is excessive, I suggest you actually look at market rate prices.

blind-as-a-bat_2

I could spend some time responding to that, but you wont like it and will most likely tell me to F*ck Off too.

But before you do, just stop and think, i have to live on less than that, including rent.

Then think why your posts may be offending people, unless that is your goal?

Shoe_Gal

blind-as-a-bat wrote: »

But before you do, just stop and think, i have to live on less than that, including rent.

Then think why your posts may be offending people, unless that is your goal?

Me too - so far I am struggling on with my DMP but often lurk here - and mostly you guys are amazing :A

user1979

blind-as-a-bat wrote: »

I could spend some time responding to that, but you wont like it and will most likely tell me to F*ck Off too.

But before you do, just stop and think, i have to live on less than that, including rent.

Then think why your posts may be offending people, unless that is your goal?

No, of course I'm not going to - you haven't just come out with an implied threat and a condescending attitude.

It might be a lot, but I've been living on far, far less for a long time now and had a lot of struggle of the past few years. I still think my original question was valid, and I fail to see why me wanting to get discharged and be IPA-free offends people. I can understand jealously because that goal isn't obtainable for others for whatever reason.

t666

I totally see where the OP is coming from.
I myself live in a horrible room in london in a equally horrible area of central london.... for 450pm in keyworker accomodation... because of all the debts I could never afford anything more. Once I am bankrupt myself this is the route I will also be going down. NOT just to avoid an IPA but for once to have the simple luxury of a small one bed flat with own bath and kitchen. Which, for zone 1 or even 2 is going to be a bit of a hike from 450 to nearer the £1000 mark,,,
ppl that dont earn much or are on benefits do not pay an IPA or very little... so why should ppl with higher wages suffer for this. And those ppl on benefits with no IPA their rent will often be around the £800 a month mark which is paid by the government!

And for all those sticking up for the creditors...... they get most of the money lost back from the government anyway.

t666

user1979 wrote: »

No, of course I'm not going to - you haven't just come out with an implied threat and a condescending attitude.

It might be a lot, but I've been living on far, far less for a long time now and had a lot of struggle of the past few years. I still think my original question was valid, and I fail to see why me wanting to get discharged and be IPA-free offends people. I can understand jealously because that goal isn't obtainable for others for whatever reason.

i totally agree with you... although I would say maybe try to drop the goal rent of £1300 a bit as I do think the OR might question it.