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Ipo

alice43
alice43 Posts: 50 Forumite
in Bankruptcy & living with it
Can anyone help me find an income payments order table?? I read that it will help give me my allowances when filling in BR forms.

Comments

  • IF
    IF Posts: 34,349 Forumite
    10,000 Posts Combo Breaker
    Hi Alice, is this what you mean?

    http://www.insolvency.gov.uk/freedomofinformation/technical/CaseHelpManual/I/IncomePaymentsOrders.htm
    "If wishes were horses, then beggars would ride"
  • dojoman
    dojoman Posts: 12,027 Forumite
    The percentage the OR can take for an IPA depends upon the excess:

    Between £100 and £249 = 50%
    Between £250 and £349 = 60%
    Between £350 and £499 = 66%
    £500 or more = 70%

    70% is the max the OR can take so even if you have £2000 DI the OR can only take 70%.
    :pB&SC No. 298
    Life`s Tragedy is that we get OLD too soon
    and WISE too late!
  • alice43
    alice43 Posts: 50 Forumite
    Thanks, yes thats what i looking for but i cant get the links to open for me!!
  • alice43
    alice43 Posts: 50 Forumite
    dojoman thanks, i didnt explain myself very well in first question!!!I new to this ! What i am wondering is can anyone tell me what amount the court will allow me for things like food, clothing, petrol, phones etc?
  • IF
    IF Posts: 34,349 Forumite
    10,000 Posts Combo Breaker
    Hi alice, is it for just you or have you children?
    "If wishes were horses, then beggars would ride"
  • dojoman
    dojoman Posts: 12,027 Forumite
    alice43 wrote: »
    dojoman thanks, i didnt explain myself very well in first question!!!I new to this ! What i am wondering is can anyone tell me what amount the court will allow me for things like food, clothing, petrol, phones etc?

    Hi Alice it is the SOA you are after then not the IPO, if you do a search on the forum you will find many threads devoted to SOA`s and you should be able to get the info you need off these. There is a table and I will try and find you the link.
    :pB&SC No. 298
    Life`s Tragedy is that we get OLD too soon
    and WISE too late!
  • dojoman
    dojoman Posts: 12,027 Forumite
    Found it :)

    http://bankruptcyandlivingwithit.co.uk/HouseholdExpenditur2010.htm
    :pB&SC No. 298
    Life`s Tragedy is that we get OLD too soon
    and WISE too late!
  • alice43
    alice43 Posts: 50 Forumite
    dojoman, great thanks for getting back to me will check it out now.
    ifwisheswerehorses, its for me my OH and two kids.
  • blind-as-a-bat_2
    blind-as-a-bat_2 Posts: 4,304 Forumite
    http://forums.moneysavingexpert.com/showpost.html?p=11932607&postcount=1

    Please use with care though
    Thats it, i am done, Blind-as-a-Bat has left the forum, for good this time, there is no way I can recover this account, as the password was random, and not recorded, and the email used no longer exits, nor can be recovered to recover the account, goodbye all …………. :(
This discussion has been closed.
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