Going BR and Self Employed

nervousandready

I am going BR on Friday and have been SE for the last few years (most of the problem to be honest). But I have an opportunity that may kick off end Jan for an SE contract, part time, which could be reasonably well paid. Re the OR and IPA, my earnings have always been 'up and down' which I am sure other SE types on here are used to and it makes things so hard to budget etc. If I get this role, (I've been told I will), I will apparently be earning a reasonable amount - but 'normally' I would use this to save to pay ongoing costs as it's hit and miss when the next contract comes...
I am looking to find an employed role but it's proving hard at my age and with my recent SE status...
With IPA for three years, I am hoping that this contract will kick start my somewhat stagnant circumstances, so it could be a good outcome for my creditors - what does the OR do though when your income is up and down?
Thanks!

arcon5

Take an average. I had to provide income details across a 3 month period twice during bankruptcy - although my income was quite steady but nothing stopping you including forcasts if earnings really are that wild which hare supported by historical data.

nervousandready

arcon5 wrote: »

Take an average. I had to provide income details across a 3 month period twice during bankruptcy - although my income was quite steady but nothing stopping you including forcasts if earnings really are that wild which hare supported by historical data.

Thank you for this - much appreciated.