Incomings and outgoings

sweeper12

Okay, I might be ages from discharge yet but I just have something playing on my mind.

When the OR writes to me to ask about my incomings and outgoings, do I include what my partner brings in or do I just half all the outgoings as if he is paying the same as me. For example, the mortgage is £750 per month so would I put down £375 for myself ? The reason I ask is because he doesn't earn very much as he only works part time, he is training to join his fathers business but is a long way off that yet. So at the end of the day, I am sort of the main earner. He has a loan, a career developement loan and several credit cards plus a pension, by the time those have been paid, he doesn't have much left for household contributions. Do I explain that to the OR or will they just assume he pays half of everything anyway ?

Thanks

Richard_S

sweeper12 wrote: »

Okay, I might be ages from discharge yet but I just have something playing on my mind.

When the OR writes to me to ask about my incomings and outgoings, do I include what my partner brings in or do I just half all the outgoings as if he is paying the same as me. For example, the mortgage is £750 per month so would I put down £375 for myself ? The reason I ask is because he doesn't earn very much as he only works part time, he is training to join his fathers business but is a long way off that yet. So at the end of the day, I am sort of the main earner. He has a loan, a career developement loan and several credit cards plus a pension, by the time those have been paid, he doesn't have much left for household contributions. Do I explain that to the OR or will they just assume he pays half of everything anyway ?

Thanks

Hi sweeper,

The O.R would like to include as much of your partner's income as possible into your domestic budget as that would leave more of your income available for an IPA. What you need to do is to be as convincing as you can in arguing that he contributes very little and so reduce your disposable income. It comes back to the "horse trading" scenario where there are no set rules, only guidelines, and you need to fight your corner as effectively as you can.

If he does have a low income and other commitments then you'd be justified in claiming that he only makes a contribution of say £50-£100 per month, or whatever you think is a reasonable accurate estimate.

Apologies for not being able to give an exact figure but some things, probably most, are never black and white; we seem to live in a world of murky grey.

Regards

Richard

sweeper12

Thanks Richard

Do they ask for proof of his income and expenditure or do they just have to accept what you tell them ? I don't think he's too keen on them going into his affairs as they are his own business. If they do need it though, I suppose he would provide it.

Richard_S

sweeper12 wrote: »

Thanks Richard

Do they ask for proof of his income and expenditure or do they just have to accept what you tell them ? I don't think he's too keen on them going into his affairs as they are his own business. If they do need it though, I suppose he would provide it.

Hi sweeper,

Again, no hard and fast rules. It'll depend on the O.R, if he/she accepts your explanations then probably not, if they're more pedantic, or having a bad day, then they may expect something to back up what you're saying. There are limits to what they can ask for though; data protection and confidentiality.

Regards

Richard