We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Overtime/salary
Options

Shadow2512
Posts: 8 Forumite

I am finally going to be apying for bankruptcy next month or September.
I have recently been doing overtime to stay afloat and manage unexpected expenses etc.
With a change in my circumstances with my child I will no longer be able to any overtime so my next 2 payslips will be my basic salary.
How will this work for calculating my income for an IPA, I don't believe I will be on an IPA however I know my expenses may not agree with OR.
My worry is will my past payslips with overtime be included as regular income when I will no longer be getting it once I will get a chance to explain to the OR about this?
To be prepared how much past bank statements will I need to send or will they have access to my accounts to see direct?
Thank you
I have recently been doing overtime to stay afloat and manage unexpected expenses etc.
With a change in my circumstances with my child I will no longer be able to any overtime so my next 2 payslips will be my basic salary.
How will this work for calculating my income for an IPA, I don't believe I will be on an IPA however I know my expenses may not agree with OR.
My worry is will my past payslips with overtime be included as regular income when I will no longer be getting it once I will get a chance to explain to the OR about this?
To be prepared how much past bank statements will I need to send or will they have access to my accounts to see direct?
Thank you
0
Comments
-
Hi you be able to explain the difference on the form and also with the examiner at your telephone appointment.
I had to provide 2 years bank statements and 1 year credit card statements0
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 350.7K Banking & Borrowing
- 253K Reduce Debt & Boost Income
- 453.4K Spending & Discounts
- 243.7K Work, Benefits & Business
- 598.4K Mortgages, Homes & Bills
- 176.8K Life & Family
- 256.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards