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How much can I earn in bankruptcy? - Bankruptcy UK

OUR TEAM ARE AVAILABLE NOW TO HELP WITH COMPLEX INSOLVENCY ISSUES

 

How much can I earn in bankruptcy?

I have recently gone bankrupt, but due to my partners illness, we’re currently on benefits. If i was to return to work before the end of the 12 months, what can I earn before the Official Receiver looks for a monthly payment?

This is a tough one to answer without knowing more about your circumstances e.g. how much is the rent? How many people are in the household? Would the job involve much travel and so on. The allowances in bankruptcy vary considerably according to how many people you support, but as a rule of thumb we feel you could earn anything up to £1400 per month without much threat of an Income Payments Agreement. We have a good working knowledge of all the allowances and will gladly assist if you need help.

Feel free to call us with any further questions or for bankruptcy help on 01425 600129 or 07479 739139 / 07894 481175.

 

Bankruptcy UK

Bankruptcy UK