please help! cant cope anymore!

tigerfeet2006 wrote: »

As asked by someone earlier when does your CHB/Child Tax credit finish? How much will you loose?

am not 100% but think they said it would continue until he leaves college, but like i said not 100% sure was told different things by different people

RAS wrote: »

Monthly income after tax 386.24

Benefits 1628 - specify these as some are not included in IPA calculations
Other income

Total monthly income 2032.24


Expenses

Amount(£)

0
Rent (housing benefit £517.83) 557.83

Council tax tax benefit £104 104
Electricity 79.00
Gas 42.00
Water Rates 28.00
Telephone (land line) 28.00
Mobile phone 35.00
TV Licence 12.00
Satellite/Cable TV am putting nil as not allowed but pay £58
Groceries etc. 350.00 - for how many people?
Clothing 30- ditto
Petrol/diesel mobility pay for car
diabled taxi hospital, doc etc 12.00
Medical (prescriptions, dentists, opticians etc.)

Contents Insurance 30.00
Life Assurance 37.00
Other Insurance
Haircuts 20
Holiday 30.00
Emergency Fund

creditors


rent 365.40 - this is important
halifax 8557.42
lloyds credit card 5663.45
marks and spencers 400.00
inland revenue 16,000
catalogue 221.00


OK - I think some of your disability benefits are being added into your income and should be excluded. So can you list them all?

And with 16K's worth of HMRC debt, unless you have the money, you can save the BK fees and wait for the HMRC to do you the favour.

disability living allowance
incapacity allowance
child tax credit
housing benefit
child benefit


as for the income, i dont think it should be in there as some people count it and others dont. it was an insurance taken out by my company that would run on for x amount of time after statuatory sick pay ends/ i should not be still getting it but my old employers merged with another company and i fell through the net. it wont go on forever so is not an income as such and i am disabled and unable to work long term so another reason that it should not be classed as income as i am not employed. this was one of the reasons that i thought i could not have an IVA as my income is benefits and they cant be guaranteed to be paid for duration of IVA it also said you shouild have assets i dont own house and car is through motabilty scheme so cant see how the agency clear start said it was my only solution. the more i have read about it the less it seems suitable.especially when it says average cost of one throughout its term is £7,500. what you wrote about the HMRC do you mean wait for them to make mw bankrupt surely they will say same as agency that i have enough money over to give them a chunk when they want repayments to start

wallopadonkey wrote: »

here here
we were told some benefits are not to be included in the calculations!
however your earnings are probably fair game but.......
surely you have to pay for petrol in the car anything else we might have
missed.

i always thought to be insolvent was to owe more than you had in assets?
in that case surely you are insolvent
then as we should agree this point we just need to work out if there would be an ipa and then as majority of you income is benefits that cant be taken from anything other than your wage can it??
so it is starting to look better again now aint it hunny
when my vision gets blurry i always check my glasses are clean (might help) :T:love:

thank you, you have been there for me all day and i really appreciate it. i too thought that disability benefits were not to be classed as income as their purpose is to add that bit extra to your income to help you manage the same as someone else who is not disbaled. am not sure if that even makes sense to me. but for that reason i gave up on CCCS and went to clear start as they advertise themselves as anon profit making agency giving people with disanlities advice on debt but even they said all benefits are counted as income and would not listen when i said that was not what i was told i thought only incapacity allowance could be counted as it was a and the only taxable benfit that can be means tested. but i am doubting every word that comes out of my mouth today.

has anyone worked out from my new figures what surplus cash i have left? i get a different figure each time i add it up?