Should 18y/o son move out?

philnicandamy

Yant1 wrote: »

This forum is paid for by the advertised links, therefore its free to you and me if we occasionally use them to apply for stuff.

A roof over ones head must be paid for and earnt, it isnt free its bloody expensive. So I am not so sure why you believe that people deserve a free ride in life, you live somewhere you pay or you pay somewhere else. I would not expect my parents to put me up for free, and everything ive borrowed i have paid back with interest.

We need to bring back workhouses to shove you work shy scr*tes in line and see what it is to have to earn your keep. You make me sick.

For what could be the final time folks..making it's last ever appearance

Idiot Alert..Idiot Alert

The_Madmouse

Philnicandamy made me smile...thank you

rog2

blind-as-a-bat wrote: »

Shame he has been threatened with being banned for using it isnt it?

Why is that, blind-as?

Idiophreak

It's me again (yes, I'm still here)

Just wanna make sure that I'm understanding the process properly...
From reading this thread (and I have read it all!) it seems that the OR decides "reasonable" incomings/outgoings etc...and then can chose an amount of any "surplus" to be given to creditors (through an IPA)? It seems there's a "game" that goes on whilst haggling over this IPA - where you try and give the effect of minimal income/maximum outgoings, so as to ensure min payments (if any) through the IPA...(hence whm's comment about her son not wanting to "tip the balance"...)?

And the other thing I don't understand is the £120/month for holidays...I'm (really, as always) not having a go...but is that to say that you're effectively being allowed to spend £1400/year on holidays? Or is there more to it than that?

I think what I'm lacking is an understanding of the ethos behind the IPA...Is the idea that people should live as "cheaply" as possibly through an IPA, or that they should live normally and just give what they can?

savagevixen

Yant1 wrote: »

This forum is paid for by the advertised links, therefore its free to you and me if we occasionally use them to apply for stuff.

A roof over ones head must be paid for and earnt, it isnt free its bloody expensive. So I am not so sure why you believe that people deserve a free ride in life, you live somewhere you pay or you pay somewhere else. I would not expect my parents to put me up for free, and everything ive borrowed i have paid back with interest.

We need to bring back workhouses to shove you work shy scr*tes in line and see what it is to have to earn your keep. You make me sick.

:rotfl::rotfl::rotfl::rotfl::rotfl::rotfl:
Why are you here on a bankruptcy advice and support thread?

rog2

Idiophreak wrote: »

It's me again (yes, I'm still here)

Just wanna make sure that I'm understanding the process properly...
From reading this thread (and I have read it all!) it seems that the OR decides "reasonable" incomings/outgoings etc...and then can chose an amount of any "surplus" to be given to creditors (through an IPA)? It seems there's a "game" that goes on whilst haggling over this IPA - where you try and give the effect of minimal income/maximum outgoings, so as to ensure min payments (if any) through the IPA...(hence whm's comment about her son not wanting to "tip the balance"...)?

And the other thing I don't understand is the £120/month for holidays...I'm (really, as always) not having a go...but is that to say that you're effectively being allowed to spend £1400/year on holidays? Or is there more to it than that?

I think what I'm lacking is an understanding of the ethos behind the IPA...Is the idea that people should live as "cheaply" as possibly through an IPA, or that they should live normally and just give what they can?

It would seem obvious, from your post, that you have never been through bankruptcy, Ideo.
In answer to your question 'Or is there more to it than that?' the short, but sufficient, answer is yes.
If you have any questions that are pertinent to your OWN situation and bankruptcy, then please feel free to ask.
If you have any CONSTRUCTIVE comments, that would be helpful to the OP's situation, then, by all means make them.
If you wish to learn about what is and what is not allowable in an IPA/IPO, please click: http://www.insolvency.gov.uk
You will find much more information than we could ever give you.

wherediditallgo

Idiophreak wrote: »

It's me again (yes, I'm still here)

Just wanna make sure that I'm understanding the process properly...
From reading this thread (and I have read it all!) it seems that the OR decides "reasonable" incomings/outgoings etc...and then can chose an amount of any "surplus" to be given to creditors (through an IPA)? It seems there's a "game" that goes on whilst haggling over this IPA - where you try and give the effect of minimal income/maximum outgoings, so as to ensure min payments (if any) through the IPA...(hence whm's comment about her son not wanting to "tip the balance"...)?

And the other thing I don't understand is the £120/month for holidays...I'm (really, as always) not having a go...but is that to say that you're effectively being allowed to spend £1400/year on holidays? Or is there more to it than that?

I think what I'm lacking is an understanding of the ethos behind the IPA...Is the idea that people should live as "cheaply" as possibly through an IPA, or that they should live normally and just give what they can?

IPAs are based on a percentage of your surplus income. You can get an idea of how the IPA amounts are calculated here . You're allowed to appeal against an IPA decision, but in doing so you have to weigh up what you stand to lose versus gain by doing so. For instance, if you've been given an IPA of £50pm, you might not particularly like it, but it's the lowest IPA they could have given you so you might decide you can live with it considering what you were trying to pay every month. However, if you'd been given an IPA of £200pm & feel the OR has totally incorrectly assessed your case, you might wish to challenge it, the result of which might be that you get it reduced. Your case may also get more in-depth OR scrutiny though.

I'm surprised at the £120pm for holidays too (I've never seen such a high allowance for this), but it's not a set amount & may also depend on the size of the family involved.

As for the ethos behind an IPA, my take on it is that an IPA enables the debtor to make a contribution towards the cost of their bankruptcy. It allows a certain sum to be paid to all the creditors each month for 36 months, & that the debtor is allowed money for necessary expenditure during that time. For instance, many people won't be allowed money for broadband access unless they can prove a need for it, but there's nothing to stop them cutting back in other areas to continue paying for it if they still want to have it. Though there clearly are differences between how the ORs assess cases, no-one's likely to be allowed money to have the Bentley valeted each month.

Bankruptcy isn't a crime & people shouldn't be treated as criminals, so they are allowed "reasonable" amounts on which to live. However, the OR doesn't want people to be rubbing the creditors' noses in it by living an outwardly better lifestyle because they no longer have to pay back their debts or are only paying back a percentage of them.

One thing you've got to bear in mind is that the OR's assessment and IPAs make absolutely no allowance for the unexpected/emergency expenditures that people face on a normal basis. It's therefore not a case of paying the IPA & blowing the rest of your money - you've got to plan your spending in advance so that you know where every penny's going, & find a way to save money each month to meet those unforeseen essentials, because you don't have any kind of credit facility to fall back on. The reality of the holiday allowance is that many people will never actually get to go on holiday with it, because they'll have used that money to make it through the month/year & cover the more pressing things they've had to deal with. I wouldn't call the assessment of an IPA a game as such, more a tightrope you need to walk while trying to juggle several balls in the air at the same time for its three-year duration.

[Deleted User]

Ill have 2 pints of IPA please

whitehartman

blind-as-a-bat wrote: »

To be honest im as surprised by that fgure as you most only get half that if allowed at all



PS i believe those figures where sent to the OP by the OR they are not the OP,s I/E if im correct

Yes baab,these figures were sent by my OR.
I too was surprised by the holiday amount,but it is a family of 5.
The expenditure that have been left out are:

Sky TV (as i thought) - £43
Running vehicle - £153
Life Assurance - £33 (Endowments for wife and 2 children)

As to Yant1 its best just to ignore.

rog2

whitehartman wrote: »

As to Yant1 its best just to ignore.

I agree with you whm - he's probably too young to drink beer anyway.