Ipa or Not

Speaky89

Hi guys, me and my partner are thinking about bankcrupcy  but how likely is it we will get one iof these ipa

sourcrates

Short and sweet post, "one of these IPA" is only actioned if you have more than £20 disposable income at the month end.

Speaky89

Hi sorry, I  dont want to go in to  how we got this much  is debt but  the debt is around 68k.

Number of adults in household........... 2

Number of children in household......... 2

Number of cars owned.................... 1[b]

Monthly Income Details[/b]

Monthly income after tax................ 290

Partners monthly income after tax....... 0

Benefits................................ 1971

Other income............................ 0[b]

Total monthly income.................... 2261[/b][b]

Monthly Expense Details[/b]

Mortgage................................ 0

Secured/HP loan repayments.............. 0

Rent.................................... 750

Management charge (leasehold property).. 0

Council tax............................. 110

Electricity............................. 65

Gas..................................... 55

Oil..................................... 0

Water rates............................. 42

Telephone (land line)................... 0

Mobile phone............................ 45

TV Licence.............................. 12

Satellite/Cable TV...................... 30

Internet Services....................... 25

Groceries etc. ......................... 650

Clothing................................ 50

Petrol/diesel........................... 90

Road tax................................ 14

Car Insurance........................... 100

Car maintenance (including MOT)......... 40

Car parking............................. 0

Other travel............................ 0

Childcare/nursery....................... 0

Other child related expenses............ 30

Medical (prescriptions, dentist etc).... 0

Pet insurance/vet bills................. 0

Buildings insurance..................... 0

Contents insurance...................... 11

Life assurance ......................... 0

Other insurance......................... 0

Presents (birthday, christmas etc)...... 50

Haircuts................................ 20

Entertainment........................... 40

Holiday................................. 30

Emergency fund.......................... 30[b]

Total monthly expenses.................. 2289[/b]

The income  is my partners carers allowance 
the benefits are universal credit ,child benefit and my sons dla.
If this helps.

ToxtethO'Grady

If all your income is benefits you won't get an IPA