No fixed income &/or change in work post BR

Fifimouse

With the requirements to make repayments following BR - has anyone got experience of how such amounts are set if you are self employed & therefore have no guaranteed / set monthly income.

Also, any experience of what happens if you can't work whilst BR but can following discharge? What happens then? Again, the work would be freelance, so not guaranteed either at all or with regards to income.

Thanks x

fermi

--> 31.7.36 Calculating average income where the bankrupt is self-employed

Any IPA must be in place before discharge for it to be legal, so if they are not able to set one up before discharge due to you not earning then they can't come back and try to get one retrospectively.

Fifimouse

Oh thank you! My situation means I am very unlikely to be able to work whilst BR & this has been a real worry to me. Thank you