When you complete your application form you will need to declare what your monthly income is. If you are employed the official receiver will consider the total of your monthly wage plus any other regular income such as a pension.
If you get overtime meaning your earned income changes every month, my advice is to use a figured based on the average of your past 12 months wage slips. However if you feel this average is too high then you must reduce it accordingly. If the OR questions how you came to the figure you can explain your logic. They will normally carry out a review 3-4 months after you go bankrupt so they can check whether your prediction is accurate.
This is possibly one of the most important areas to get right in your application. I would complete this with you if you use my assistance service
. Many people find this an invaluable part of the service I offer.
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