Bankruptcy wifes earnings

[Neild300]

Hi, Everyone

I went bankrupt a while back(just debts in my name) and I am currently not working and my wife is working and supporting me. Does it matter what my wife earns(if her wage goes higher) and would it affect things with my Or even if my personal circumstances had`nt changed(not working still).

Thanks

Neil

Neil Jenkins

[MelanieGiles]

No - your wife's income is kept entirely separate from your earnings under bankruptcy legislation.

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

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[Neild300]

Hi, Melanie

Only been Br over a week now and spoken to my Or a few times. I did`nt think it did but he said on the last call he will sending out an expenditiure form soon, but I thought he had it all on the statement of affairs which states I am unemployed.

Thanks Any Way

Neil ]

Neil Jenkins

[Skippy]

All I have had to put on the form is how much Dave contributes to the household expenditure, presumably to make sure that I'm not paying more than I should. They don't ask for a breakdown of what he pays, just the amount contributed.

Yesterday is history, tomorrow is a mystery, today is the present - a gift to make the most of.

View my blog at http://skippy13.blogs.iva.co.uk/

[iva experts]

Skippy's right, the OR will want to see that you are not giving your creditors less by overly supporting your wife. Since it is the other way round I dont see that the OR will have a problem.

Best Regards,
IVA Experts
http://www.iva-experts.co.uk/