IPA query

RattyIrk

I am just over midway through my bankruptcy year.

I am self employed and when I completed the income and expenditure form my household was way below what we needed to cover our outgoings and I mean hopelessly below. I stated then my income would go up and down due to nature of it. We have largely plugging the gaps with her savings which have dwindled down now to very little.

More recently my income has gone up about 30-35% (I am commission based) and my partner, who at that stage had no income, has just secured a part time self employed position. In light of that I did some number crunching over the weekend. We are still short by a few hundred pounds off our monthly outgoings although much closer than we have been based on income from last couple of months. Can likely make up the difference through selling odds and sods online and dipping into remaining savings if we have to.

So basically more money is coming in but still short of the outgoings figure. Me bit more money and partner (who is not bankrupt) has a part time job which will hopefully bring in a bit. Am I obliged to inform the OR of this as a change in circumstances or as we are still a way short of our outgoings not?

My own view is my personal circumstances have not really changed as I told them my income would fluctuate. My income will be a bit seasonal and I suspect I will be ok this month but then a slump for 2-3 months until it starts to pick up. It's more a case of my partner now having a part time self employed role. She did have a part time role at the time of my going bankrupt which the OR was aware of but did not when I had to complete the financial forms.