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Another question please...statement of income/expenditure
AdvicePlease
Posts: 173 Forumite
Quick question please: I have read advice on here which says your income/expenditure should be as it is when you apply for bankruptcy.
I have been awarded a pay rise at work, but due to administrative errors I will not actually see the benefit of the payrise until my April pay day (30th April).
It is unlikely I will be able to find the £700 to go bankrupt before then, as I am currently operating at a shortfall of £150 per month due to an enforced house move - my dad gave me the bankruptcy fee, but that is being swallowed up in day to day expenses
However IF my dad says he will give me more money, and I go bankrupt in March, which salary should I use? old one or new one? I have nothing in writing to confirm the new salary yet. Thanks
I have been awarded a pay rise at work, but due to administrative errors I will not actually see the benefit of the payrise until my April pay day (30th April).
It is unlikely I will be able to find the £700 to go bankrupt before then, as I am currently operating at a shortfall of £150 per month due to an enforced house move - my dad gave me the bankruptcy fee, but that is being swallowed up in day to day expenses
However IF my dad says he will give me more money, and I go bankrupt in March, which salary should I use? old one or new one? I have nothing in writing to confirm the new salary yet. Thanks
0
Comments
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put the new one down, and make a note of what is happening in section 13Hi, im Debtinfo, i am an ex insolvency examiner and over the years have personally dealt with thousands of bankruptcy cases.
Please note that any views i put forth are not those of my former employer The Insolvency Service and do not constitute professional advice, you should always seek professional advice before entering insolvency proceedings.0
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