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  • FIRST POST
    • worried16
    • By worried16 10th Jul 17, 10:19 PM
    • 3Posts
    • 1Thanks
    worried16
    SOA Help
    • #1
    • 10th Jul 17, 10:19 PM
    SOA Help 10th Jul 17 at 10:19 PM
    Hello all, I am new to this forum.

    Me and my husband are thinking of applying for DRO. Could anyone have a look at our SOA?

    Household Information[/b]
    Number of adults in household........... 2
    Number of children in household......... 3
    Number of cars owned.................... 1

    Monthly Income Details

    Monthly income after tax................ 0
    Partners monthly income after tax....... 1320
    Benefits................................ 983
    Other income............................ 0
    Total monthly income.................... 2303


    Monthly Expense Details

    Mortgage................................ 0
    Secured/HP loan repayments.............. 0
    Rent.................................... 460
    Management charge (leasehold property).. 0
    Council tax............................. 101
    Electricity............................. 70
    Gas..................................... 80
    Oil..................................... 0
    Water rates............................. 43
    Telephone (land line)................... 0
    Mobile phone............................ 94
    TV Licence.............................. 12
    Satellite/Cable TV...................... 25
    Internet Services....................... 29
    Groceries etc. ......................... 650
    Clothing................................ 60
    Petrol/diesel........................... 150
    Road tax................................ 21
    Car Insurance........................... 153
    Car maintenance (including MOT)......... 30
    Car parking............................. 25
    Other travel............................ 30
    Childcare/nursery....................... 0
    Other child related expenses............ 50
    Medical (prescriptions, dentist etc).... 30
    Pet insurance/vet bills................. 9
    Buildings insurance..................... 0
    Contents insurance...................... 7
    Life assurance ......................... 0
    Other insurance......................... 0
    Presents (birthday, christmas etc)...... 30
    Haircuts................................ 40
    Entertainment........................... 20
    Holiday................................. 0
    Emergency fund.......................... 15
    Total monthly expenses.................. 2234



    Assets

    Cash.................................... 0
    House value (Gross)..................... 0
    Shares and bonds........................ 0
    Car(s).................................. 650
    Other assets............................ 0
    Total Assets............................ 650


    No Secured nor Hire Purchase Debts


    Unsecured Debts
    Description....................Debt......Monthly.. .APR
    lloyds.........................16266.....266...... .9
    halifax........................1549......70....... .28
    halifax........................1019......40....... .28
    advantis.......................1001......50....... .0
    very...........................536.......0........ .0
    Total unsecured debts..........20371.....426.......-



    Monthly Budget Summary

    Total monthly income.................... 2,303
    Expenses (including HP & secured debts). 2,234
    Available for debt repayments........... 69
    Monthly UNsecured debt repayments....... 426
    Amount short for making debt repayments. -357


    Personal Balance Sheet Summary
    Total assets (things you own)........... 650
    Total HP & Secured debt................. -0
    Total Unsecured debt.................... -20,371
    Net Assets.............................. -19,721


    Reproduced on Moneysavingexpert with permission, using other browser.[/i][/font]

    the mobile phone inculdes 2 x £47 contracts, water charges includes both clean and waste water, child expensess are mainly for nappies and milk for our twins
Page 1
    • worried16
    • By worried16 10th Jul 17, 10:20 PM
    • 3 Posts
    • 1 Thanks
    worried16
    • #2
    • 10th Jul 17, 10:20 PM
    • #2
    • 10th Jul 17, 10:20 PM
    and car insurance is that high as I am a new driver.
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