Posted: Wed Jan 31, 2007 11:26 pm
on the wizard form does disposable income mean without the debt payment what you have left after groceries and petrol ect
Hi fat bloke (sounds a bit rude so i am sorry)
sorry I dont know what the wizzard form is, but I think I might, its late and I am tired so forgive me.
take all your secured credit ie mortgage, rent living expenses etc. exclude all of your unsecured debts ie loans overdraft, credit store cards etc. what you have left is your disposible income. be realistic if youre thinking of IVA. If you have any other questions post here. I am not an expert, just another person in debt.
good luck
LILY