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Early discharge from bankruptcy
hindleyblue
Posts: 15 Forumite
Hi
I went bankrupt last October, and have had a letter today from my receiver asking me to complete another income & expenditure form, as she is looking at early discharge from bankruptcy for me.
When I went bankrupt, I only had a part time job, and there wasn't sufficient income for an IPA. I lost that job at Christmas, and so with nothing else on the horizon, re-started my self employed business (the reason for the bankruptcy in the first place!!)
I have told the receiver about this change, but could only forecast what my earnings would be. They are at present a little bit less than I was earning, but fingers crossed could start rising later this year, as the business is starting to grow.
My question is this really, do I fill in the form now, and potentially get an IPA awarded if the receiver is not happy with my accounts? Or do I wait till October, and get automatic disharge? Would I have to send evidence of my income at that point anyway?
I went bankrupt last October, and have had a letter today from my receiver asking me to complete another income & expenditure form, as she is looking at early discharge from bankruptcy for me.
When I went bankrupt, I only had a part time job, and there wasn't sufficient income for an IPA. I lost that job at Christmas, and so with nothing else on the horizon, re-started my self employed business (the reason for the bankruptcy in the first place!!)
I have told the receiver about this change, but could only forecast what my earnings would be. They are at present a little bit less than I was earning, but fingers crossed could start rising later this year, as the business is starting to grow.
My question is this really, do I fill in the form now, and potentially get an IPA awarded if the receiver is not happy with my accounts? Or do I wait till October, and get automatic disharge? Would I have to send evidence of my income at that point anyway?
0
Comments
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Do it Now. Use those figures (a little less than I was earning). Don't guess what you "might" earn.
Get the early discharge and they can never come back for an IPA.0 -
agree totally with mouse.get i as soon as you can,they cant come back for ipa0
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