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  • FIRST POST
    • hugo0581
    • By hugo0581 16th May 18, 3:31 PM
    • 4Posts
    • 0Thanks
    hugo0581
    Rent to parents
    • #1
    • 16th May 18, 3:31 PM
    Rent to parents 16th May 18 at 3:31 PM
    Hi all,

    I am 6 months into my bankruptcy which was indeed my best option. I have had to fill in the IPO Questionaire form for the insolvency agency when working but I have been 'topped up' from parents as I worked in a low paid job so was not required to pay anything back to my creditors.

    I have now moved home and need to know if I can pay my parents rent appropriate to the going rate where I live to offset what I earn against my living expenses so I continue to avoid paying creditors back??

    I need to avoid paying my creditors until I can be discharged after 12 months or I will be required to pay to creditors for up to 3 years and not be able to start again properly.

    Thanks for your experiences in advance,

    Hugo
Page 1
    • silvercar
    • By silvercar 16th May 18, 5:04 PM
    • 37,409 Posts
    • 157,487 Thanks
    silvercar
    • #2
    • 16th May 18, 5:04 PM
    • #2
    • 16th May 18, 5:04 PM
    If you pay your parents board and lodging, then you put that on your forms. Perfectly allowable.
    • hugo0581
    • By hugo0581 16th May 18, 5:20 PM
    • 4 Posts
    • 0 Thanks
    hugo0581
    • #3
    • 16th May 18, 5:20 PM
    • #3
    • 16th May 18, 5:20 PM
    I take it that all changes in jobs etc require a new IPO Questionaire completing ??
    • maxmycardagain
    • By maxmycardagain 16th May 18, 6:41 PM
    • 4,578 Posts
    • 3,717 Thanks
    maxmycardagain
    • #4
    • 16th May 18, 6:41 PM
    • #4
    • 16th May 18, 6:41 PM
    I need to avoid paying my creditors until I can be discharged after 12 months or I will be required to pay to creditors for up to 3 years and not be able to start again properly.

    mmmmm, well, avoiding isnt quite the right term is it?

    also, what you pay your parents might not be looked at as genuine...parent often lie for their kids...
    Dont worry, be happy
    • philnicandevan
    • By philnicandevan 16th May 18, 6:53 PM
    • 566 Posts
    • 518 Thanks
    philnicandevan
    • #5
    • 16th May 18, 6:53 PM
    • #5
    • 16th May 18, 6:53 PM
    I take it that all changes in jobs etc require a new IPO Questionaire completing ??
    Originally posted by hugo0581

    while undischarged yes...ANY change in financial circumstances the OR has to be informed within 21 days of changes
    Not quite a newbie as you think (the member formally known as philnicandamy!)

    FINALLY a qualified CAB debt caseworker 2015..
    BSC 58
    • hugo0581
    • By hugo0581 16th May 18, 8:48 PM
    • 4 Posts
    • 0 Thanks
    hugo0581
    • #6
    • 16th May 18, 8:48 PM
    • #6
    • 16th May 18, 8:48 PM
    maybe a poor choice of words but the sooner it is over the sooner I can start again. They would like rent but I cant afford it at present, so yes it would be a genuine payment.
    • p00hsticks
    • By p00hsticks 16th May 18, 8:51 PM
    • 6,296 Posts
    • 6,806 Thanks
    p00hsticks
    • #7
    • 16th May 18, 8:51 PM
    • #7
    • 16th May 18, 8:51 PM
    I have now moved home and need to know if I can pay my parents rent appropriate to the going rate where I live to offset what I earn against my living expenses so I continue to avoid paying creditors back??
    Originally posted by hugo0581

    Just to clarify - you are actually living with your parents, aren't you ?
    • hugo0581
    • By hugo0581 16th May 18, 9:02 PM
    • 4 Posts
    • 0 Thanks
    hugo0581
    • #8
    • 16th May 18, 9:02 PM
    • #8
    • 16th May 18, 9:02 PM
    I am at present yes and will be until mid November
    • TheGardener
    • By TheGardener 17th May 18, 7:38 AM
    • 2,350 Posts
    • 2,247 Thanks
    TheGardener
    • #9
    • 17th May 18, 7:38 AM
    • #9
    • 17th May 18, 7:38 AM
    Perfectly ok and reasonable for you to pay your parents something towards rent etc. Probably best to pay though a bank account and not in cash so if the OR wants 'evidence' at some point there is a paper trail of the payments.
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