help with IPO

muay · 21 November 2008 at 3:36PM

Hi there i have been paying my Official Receiver payments for 31 months only 5 left but my place of work has put me on a 4 day week.So i phoned them up and they have sent me a IPO Questionnaire.What i was wanting to no is how much is the most they will take for my outgoings like telephone and clothing/rent.So i am left with something for xmas.
Thank you for any help.

deedee_3 · 21 November 2008 at 3:40PM

Pop up your SOA and we will look at it for you

http://www.makesenseofcards.com/soacalc.html

muay · 21 November 2008 at 3:57PM

Thank you for helping me, but looking at this i could end up paying more then what i was, i was paying 185 pounds.See i am living at my mams at moment so the rent covers all things like water and that.
Monthly Income Details
Monthly income after tax................ 1000
Partners monthly income after tax....... 0
Benefits................................ 0
Other income............................ 0
Total monthly income.................... 1000

Monthly Expense Details
Mortgage................................ 0
Secured loan repayments................. 0
Rent.................................... 350
Management charge (leasehold property).. 0
Council tax............................. 70
Electricity............................. 0
Gas..................................... 0
Oil..................................... 0
Water rates............................. 0
Telephone (land line)................... 15
Mobile phone............................ 15
TV Licence.............................. 0
Satellite/Cable TV...................... 0
Internet Services....................... 10
Groceries etc. ......................... 25
Clothing................................ 35
Petrol/diesel........................... 0
Road tax................................ 0
Car Insurance........................... 0
Car maintenance (including MOT)......... 0
Car parking............................. 0
Other travel............................ 20
Childcare/nursery....................... 0
Other child related expenses............ 50
Medical (prescriptions, dentist etc).... 5
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 0
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 50
Haircuts................................ 20
Entertainment........................... 30
Holiday................................. 0
Emergency fund.......................... 0
Total monthly expenses.................. 695

Assets
Cash.................................... 0
House value (Gross)..................... 0
Shares and bonds........................ 0
Car(s).................................. 0
Other assets............................ 0
Total Assets............................ 0

No Secured Debt

Unsecured Debts
Description....................Debt......Monthly...APR
Total unsecured debts..........0.........0.........-

Monthly Budget Summary
Total monthly income.................... 1,000
Expenses (including secured debts)....... 695
Available for debt repayments........... 305
Monthly UNsecured debt repayments....... 0
Surplus(deficit if negative)............ 305

Personal Balance Sheet Summary
Total assets (things you own)........... 0
Total Secured debt...................... -0
Total Unsecured debt.................... -0
Net Assets.............................. 0

Once again thank you.

t0mm · 21 November 2008 at 4:30PM

£25 a month for groceries and food? I need to know your secret. That wouldn't last me a week!

Sunk · 21 November 2008 at 5:07PM

How old is this SOA?
If it's 31months old a hell of a lot has gone up since then.
Some seems way under...clothing/food.

skylight · 21 November 2008 at 5:13PM

muay wrote: »

Monthly Income Details
Monthly income after tax................ 1000 http://www.thesalarycalculator.co.uk/salary.php = try here to get an accurate amount per month for take home.
Partners monthly income after tax....... 0
Benefits................................ 0 You have child related expenses below, but not claiming for any children???
Other income............................ 0
Total monthly income.................... 1000

Monthly Expense Details
Mortgage................................ 0
Secured loan repayments................. 0
Rent.................................... 350
Management charge (leasehold property).. 0
Council tax............................. 70
Electricity............................. 0
Gas..................................... 0
Oil..................................... 0
Water rates............................. 0
Telephone (land line)................... 15 £25
Mobile phone............................ 15
TV Licence.............................. 0
Satellite/Cable TV...................... 0
Internet Services....................... 10 Will probably be disallowed
Groceries etc. ......................... 25 £125 is acceptable for one
Clothing................................ 35 50 - Try it, but it may be reduced.
Petrol/diesel........................... 0
Road tax................................ 0
Car Insurance........................... 0
Car maintenance (including MOT)......... 0
Car parking............................. 0
Other travel............................ 20 Is this it?? Local Bus Passes here are £50pm, check out yours so you know how much. How do you get to work??What about odd taxis??
Childcare/nursery....................... 0
Other child related expenses............ 50 As mentioned above, you are not claiming for any children so this will be disallowed - unless something specific??
Medical (prescriptions, dentist etc).... 5 £10 - unless you wear glasses? then add optical too.
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 0
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 50 Not allowed. But change this to holiday fund instead as most ORs allow a holiday fund instead!!
Haircuts................................ 20
Entertainment........................... 30 Possible be refused, but put it down anyway.
Holiday................................. 0
Emergency fund.......................... 0
Total monthly expenses.................. 695 £805

.

Can you not remember what you put on your original IPOQ forms or your court forms?? Even with my amendments you are still looking at an IPA of £100pm. But check out your actual income with the reduction in hours on the website above to give you a better idea. £50 either way is going to make a big difference.

muay · 21 November 2008 at 5:42PM

ok thank you, so i will put food shopping up and and use some of your other totals.The thing with the child is i have a son who is not mine but he calls me dad i am not with his mum any more but see him all the time, not sure how that would work. cheers.

skylight · 21 November 2008 at 6:12PM

In this case, child related expenses will not be allowed. You may be Dad, but you are not the "Dad", so your OR wont allow it as a voluntary expense. Sorry.

If you live with your Mum though, does she work? So the rent is split evenlyish?? If she does not, then you could certainly get away with paying more rent/council tax (as benefits would be lost with a worker in the household).

JCS1 · 21 November 2008 at 7:30PM

Up housekeeping to £165 which is allowable for 1 person, and add holiday of £30-40 p/m this should then cover the child expenses

blind-as-a-bat_2 · 21 November 2008 at 7:45PM

JCS1 wrote: »

Up housekeeping to £165 which is allowable for 1 person, and add holiday of £30-40 p/m this should then cover the child expenses

£187 according to the Household Expenditure Spreadsheet

Not that it means anything:rolleyes:

JCS1 · 21 November 2008 at 7:49PM

blind-as-a-bat wrote: »

£187 according to the Household Expenditure Spreadsheet

Not that it means anything:rolleyes:

Probbaly a new version of the spreadsheet since I left the IS then, £163 sticks in my mind as single person housekeeping. Strange the things that you can't forget

I do quite miss the job, think I liked helping and reassuring the people on the phone that they'd made the hardest decision as they had no other choice, and that their health/family is far more important.

help with IPO

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