Partners contributions question

matilda.cs

Hi all,

On the bankruptcy forms it asks for partners income. Is that her actual income, or is it her contribution to the household bills?

For example, she wants to start a savings account, and hopes to pay in £100 a month. (she had no debts and it's her wages, so why not?)

However, on a SOA it would show us as having £100 disposable income which the OR would take.

Is it acceptable to show her income as her contribution rather than actual pay? Ie -£100 what her wage actually is?

I don't want her to lose her money because of my mistakes. Equally, I don't want the OR to throw restrictions on because I made a mistake on the paperwork...

Thanks

egrescrimp

The contribution part is what she has left after meeting her own financial commitments. Your partner can do what she likes with her money, the official receiver can't touch her money but they would expect your partner to be contributing something to the household running costs if working.

So work out what she has to pay for monthly and then whats left would be her contribution to the household running costs.

DorisTrousers

Assuming there are no joint debts, then you don't have to show it at all. The OR could then either assume that you split the bills 50/50, so you could only put down half the rent etc, or that you split the bills on a pro rata basis.

It is perfectly legitimate to also show the income towards the bills as just that. Work out how much is contributed, put that in as a figure and the rest of her money is hers to do with as she pleases. I would do it this way personally, but that is up to you.