How does ISI deal with uneven income in bankruptcy?
Say I ran a B&B in Tramore and it was my sole income.
It could yield me a net income ranging from €400 in November to say €4,000 in July.
How would they treat such a scenario if my RLE was €2,000 pm?
Similarly, how do they treat a lump sum?
eg
If you have been under your RLE by say €300 pm year to date but receive a €2,000 performance bonus in work in May.
Again, can you average your year or would they take €1,700 in respect of May?
Say I ran a B&B in Tramore and it was my sole income.
It could yield me a net income ranging from €400 in November to say €4,000 in July.
How would they treat such a scenario if my RLE was €2,000 pm?
Similarly, how do they treat a lump sum?
eg
If you have been under your RLE by say €300 pm year to date but receive a €2,000 performance bonus in work in May.
Again, can you average your year or would they take €1,700 in respect of May?