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In BR do you lose control of your own money?
Daisy4567
Posts: 218 Forumite
Or are you still allowed to keep hold of your wages?
Do they get paid to the OR and he gives you an allowance?
I just don't know how it works.
Thank you
Do they get paid to the OR and he gives you an allowance?
I just don't know how it works.
Thank you
When looking at the climb in front of you, don't forget to look back once in a while and see how far you have come:j
and remember...
All the worrying in the world won't change anything...so breathe:beer:
and remember...
All the worrying in the world won't change anything...so breathe:beer:
0
Comments
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No, in personal bankruptcy you keep getting paid you money and you stay in control of your budget, bills etc. The OR doesn't have the time (or power?) to run your finances.
If the OR think you have surplus income over "reasonable domestic needs", then they may ask you to enter into an Income Payment Agreement to collect the surplus, but that is about the sum of anything they normally do regards your income.Free/impartial debt advice: National Debtline | StepChange Debt Charity | Find your local CAB
IVA & fee charging DMP companies: Profits from misery, motivated ONLY by greed0 -
Thanks FermiWhen looking at the climb in front of you, don't forget to look back once in a while and see how far you have come:j
and remember...
All the worrying in the world won't change anything...so breathe:beer:0
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