Good afternoon,
I was delcared bankrupt on 8th March 2010 and been told I do not need to have an interview with the OR because my case is straight forward. Because I work in sales I can qualify for a quarterly bonus which can range from between £1,000 and £4,000 after tax payable in April, July, October and January. I have not had a bonus for about 9 months but may get one in April. I don't have any expendable income and am having to borrow £100 from my mum every month to survive still. (The OR doesn't know about my mum's money as it does not go through a bank account). I need to get new tyres for my car and all of my work suits and shirts need replacing, not to mention car insurance etc will need paying before I am discharged and I may not get another bonus before these payments are due. I can probably get my work to hold back paying me a bonus for 3-6 months but not sure what to do as I really need the extra money.
Please help.
You must not withold this information from the OR - who will want to interview you on the telephone if not in person. Until you receive your discharge from bankruptcy, you have to declare any unforseen assets to the Trustee - and this would include work bonuses. That said, it does appear that you have some good reasons for keeping some, if not all, of the money.
