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Bankruptcy while furloughed, SOA Q
                
                    allthe7s                
                
                    Posts: 187 Forumite
         
            
         
         
            
                         
            
                        
            
         
                    Hi 
I posted here in Feb and decided bankruptcy was the best route for me. If I push the button this week do I complete the SOA with my furloughed income and outgoings or my usual?
Obviously my furloughed ones probably paint a rosier picture as no school costs/entertainment lower petrol bill etc
Any advice appreciated
                I posted here in Feb and decided bankruptcy was the best route for me. If I push the button this week do I complete the SOA with my furloughed income and outgoings or my usual?
Obviously my furloughed ones probably paint a rosier picture as no school costs/entertainment lower petrol bill etc
Any advice appreciated
Preparing to go bankrupt April 2020
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            Comments
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            You put the details as they stand at the time you submit.1
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            Thanks, I'll have to wait until this is all over then and back to normal wage as I barely have any outgoings at the moment so not a true reflection at all.
Jus wanted to get my 12 months started
                        Preparing to go bankrupt April 20200 - 
            This could go on for a while yet.
Any IPA set up can be varied if your income/outgoings change.
Unfortunately these are unknown times0 - 
            school related ones would be an average over the year wouldn't it, especially for items such as uniforms and materials at the start of term. The only real difference this year is the summer holiday is some double the usual length
1 - 
            Thanks mwarby hadnt thought of it like that, will try redoing my soa and see how it looksPreparing to go bankrupt April 20200
 
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