Another Question about BR

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Post by Navydog » Sun Jul 26, 2009 2:02 pm
Hello again,

just a question regarding bonus payments. Do you pay all of it to the OR? I know i am due a bonus at the end of the year. I know i want see all/none of it but was just curious.

Also on the BR forms should you include debt outgoings or is it just home?

Cheers in advance


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Post by MelanieGiles » Sun Jul 26, 2009 2:04 pm
You will need to mention the bonus to the OR, who will likely ask for all of it to be paid in under the after-aquired asset provisions.

You should not include any repayments to unsecured creditors on the expenditure section of the forms.
Regards, Melanie Giles, Insolvency Practitioner
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