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Q re money in accounts whilst BR

Been bankrupt 6mths plus now...due to very careful budgeting and strict spending have built up a little bit of an excess in my accounts.

Dont have an IPA - am on benefits.

Is this okay as far as the OR is concerned. Eg monthly budget allowed for clothes and holiday but we havent had the need to spend most of that budget yet.

Also my car was exempted. I may have to get a new one prior to discharge. Is that going to be a problem?

Just want early discharge but doesnt look likely at mo!

thanks

Comments

  • IF
    IF Posts: 34,349 Forumite
    10,000 Posts Combo Breaker
    That's fine dawn, you have to save somehow as you say for clothes etc.
    As for the car, unsure about this one.....someone will know x
    "If wishes were horses, then beggars would ride"
  • newdawn_2
    newdawn_2 Posts: 365 Forumite
    Cheers...the thing about money in bank is you have to try and keep as much put back for an emergency...no credit to fall back on.

    Will wait for more info re Car...BTW I have the exemption letter.
  • newdawn_2
    newdawn_2 Posts: 365 Forumite
    Bumping for Car question...
  • dojoman
    dojoman Posts: 12,027 Forumite
    I would have thought it would depend on the cost of the car!
    :pB&SC No. 298
    Life`s Tragedy is that we get OLD too soon
    and WISE too late!
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