Completing BR forms

debtinfo

If you are both going bankrupt it is very simple, dont try to complicate it, there is no need to work out a contribution, or apportion any income or expenditure.

Simply

1. Put your full income down

2. Put his full income down

3. Put down the full household expenses

and visa versa for the other set of forms

its as easy as that

IF

Hi Lisa, these example forms will help too, click on blue links :beer:

If...x



Example completed forms and guidance notes:-

• Debtor's Bankruptcy Petition 6.27 Example (Thanks to NE Derbyshire CAB)
• You may find it helpful to look at the Example for completing a bankruptcy petition form 6.27 (DOC, 56 Kb) and the Guidance Notes (DOC, 73 Kb) for completing Form 6.28.
• Statement of Affairs (Debtor’s Petition) 6.28 Example (Thanks to NE Derbyshire CAB)

lisa.89

Thank you all. Your advice is very helpful. Will make a start on these forms.. then re-post SOA for final advice.

Many thanks

xx

lisa.89

Maizy wrote: »

Hi Lisa

I don't know if it helps but we had the same queries and confusion when submitting our forms and didn't want to get it wrong. The general advice we got was as below and bear in mind our situation is similar in that our earnings are vastly different.

On each BR form the outgoings mirrored each other to the penny and showed exactly what each item was for, mainly of course it was bills and any extras that we pay out of the family income. On the incoming side, I put my income and his contribution towards the outgoings which in our case was his full wage as there was no surplus.

In your case, I guess you just put his contribution to make up your total outgoings so your surplus would be zero. On his side, he would put his income and your contribution which would be your total wage, making his side have a surplus if I remember your SOA rightly, you did have some surplus as a family.

That is of course unless you have any particular outgoings that are nothing to do with family/general on your side and that is probably where the percentages and things come into it making the SOA seem more complicated than it is.

In the end our SOA was really simple as all our expenses are deemed as reasonable for our family and as I have no surplus at all on my wage, percentages didn't really come into it and our forms were not questioned at all by the OR. I think the percentages are really important when the OR is working out if an IPA is to be enforced for one or both parties.

I think things may be a tad simpler when you are both going BR at the same time. All communications we have had have been about both BRs (addressed personally of course) so everything happens at the same time which has made things easier to cope with. If you practice writing it all down a few times, it just clicks into place. At the end of the day providing you list everything and are honest, the OR can always query something if they are not sure.

Did I read congrats are in order Lisa :beer:.

Yes - thanks. Think this is making me panic more as will have another little mouth to feed so want to make sure its all correct.

Quite sure my husband will get an IPA - cccs reckon it will be around £115 ish.. we will see

Can I ask one more question to you all...

If I don't get an IPA and I go on mat leave, there is a chance that I will get a lump sum of a few thousand when I return to work.. would I need to tell OR about this - I maybe discharged by then.. but husband will have IPA running.. I know its thinking quite far ahead but it was justa thought..

Thanks

sniggings

if you are discharged and the money is given to you then no you don't need to tell the OR, if you are not discharged or have an IPA then yes you would.

lisa.89

Thanks. Will see what happens..

Its really scary but trying not to get too stressed...

xx

lisa.89

Hi again

Was just chatting with my husband.. If I don't get an IPA would we Both have to do a new SOA when I go on mat leave, which should be around 8 months after file for BR? I will be on SMP which is less than wage but we won't have the child care cost for 6 months..

I had always assumed that I would get an IPA too as was thinking of our 'joint' income, not that I earn alot less..

If I increased my hours after mat leave.. and am discharged when my husband does his new SOA.. would he need to put increase in my wage?? and if get that lumo sum.. he would not need to declare that either?

So many questions... maybe thinking to far ahead but can't help it ..

Thanks xx

sniggings

you need to tell the OP of a change in situation within 21 days of the change, if you are on an IPA or undischarged.

So yes you would need to tell them but it would be upto your OR if the change warranted a new SOA, if you were still unlikely not to get an IPA, the OR may just leave things how they are.

Your lump sum, if after discharge is yours, your partner would only have to tell his OR if it affect his expenses, income, or you gave him some of the money. If you kept it all to yourself then he has not had a change of situation so no need to inform his OR.

Remember too that an IPA can only be given whist undischarged, so if you were to have a change at 8 months in, a IPA could be given but you could have had an early discharge by then and it also leaves not much time for the OR to set one up, possible but I wouldn't worry about it.

if you did more hours at work and your partner is already paying half of the expenses, unless you offered to pay more of the expenses so freeing up some of his income I would say his situation has not changed so again would not need to tell the OR.

lisa.89

Hi all

Just spoke with cccs and they think its likely that I will get an IPA too although I am on less than half my husbands salary.....)

She said to attach their budget sheet inside BR forms and to mirror what each others form states - Or will work out percentages..

PippaGirl_2

That would be a shame. Don't give up all hope though, you may not.