Really starting to prepare

jo70

Right folks-more help wanted from you lovely lot if you please.
Just going through preliminary SOA for next week can someone have a dekko for figures-so very grateful.

I would use a proper SOA but i'm so thick on the computer

Rent 520

H/Keeping 700
(2 adults
2 14 yr olds
2 10 yr olds)

Elec 136 high! PO payment card-not meter paying off debt

Gas 72 high! " """"" """ """"

Water 32

Phone 90 high! mobiles-Orange & 3 are 2 creditors nowwe are PAYG

Travel
(inc petrol& 265
bus pass)

Clothing 125

C/Tax 160 40 are arrears from last year

Car/tax&Ins 65

Tv Licence 12

Car HP 261.76 Think it will go sadly we need a vehicle for OH-S/E builder

Pet food 40 3 dogs 7 cats 3 tortoises a million fish-house doesn't
really smell!!
Hair 40

Accountant 15

House ins 12

School
expenses 120-dinners for 2 teenagers drinks money for the boys

Internet
Will be needed
for 2 yr 10 kids 15

Think that's it for the time being, thanks so much

oneandonlyboy

Hi,

Your housekeeping is high i would say put between £500 - £550 per month, also you might have to include school dinners in this as £120might not be allowed and the OR might say should come out of your household.

£90 for phone is very high put down £50.

The car, as it is on HP the company might take it back once you go bankrupt if there is a cause in the contract.

Hair £30 the OR will allow £10 per adult and £3 per child.

Pet food is a hard one some OR's allow it some say should come out of household, all depends on your OR.

DavePig

I think the £90 for the phone is actually a debt they are paying off, not monthly bills as such. As debts, they would be part of your BR anyway.

Someone else will be along soon with some more help

fermi

oneandonlyboy wrote: »

Your housekeeping is high i would say put between £500 - £550 per month, also you might have to include school dinners in this as £120might not be allowed and the OR might say should come out of your household.

£500 per month is about the normal figure for 2 adults and 2 children, so here with 2 adults and 4 children £700 probably isn't really that high. I would be inclined to leave it as is, and it would then be up to the OR to decide whether to knock it down.

As there are 6 in the family then the clothing can probably be increased to about £150 -170 ish.

peachyprice

jo70 wrote: »

Right folks-more help wanted from you lovely lot if I would use a proper SOA but i'm so thick on the computer

Rent 520
H/Keeping 700
Elec 136 high! Change your supplier, this is extortionate
Gas 72 high! Ditto
Water 32
Phone 90 Put the PAYG costs, these contracts will go into BR and are way too high
Travel
(inc petrol& 265 Split these
bus pass)
Clothing 125
C/Tax 160 40 are arrears from last year Arrears will go into BR
Car/tax&Ins 65
Tv Licence 12
Car HP 261.76 Think it will go sadly we need a vehicle for OH-S/E builder
Pet food 40 should be included in food, 15 for pet insurance?
Hair 40
Accountant 15
House ins 12
School dinners 120 Should be fine, I was allowed £100 for 3 children
Internet 15 Add this to your landline costs

You have nothing for
kids clubs i.e swimming etc.,
Breakdown (irrelevant if you don't get to keep the van though)
Landline

deedee_3

jo70 wrote: »

Right folks-more help wanted from you lovely lot if you please.
Just going through preliminary SOA for next week can someone have a dekko for figures-so very grateful.

I would use a proper SOA but i'm so thick on the computer

Rent 520

H/Keeping 700
(2 adults
2 14 yr olds
2 10 yr olds)

Elec 136 high! PO payment card-not meter paying off debt Your debt will be included in your bankruptcy so put this as it should be without the debt.

Gas 72 high! " """"" """ """" Ditto

Water 32

Phone 90 high! mobiles-Orange & 3 are 2 creditors nowwe are PAYG Ditto, don't include the debt.

Travel
(inc petrol& 265
bus pass)

Clothing 125

C/Tax 160 40 are arrears from last year

Car/tax&Ins 65

Tv Licence 12

Car HP 261.76 Think it will go sadly we need a vehicle for OH-S/E builder

Pet food 40 3 dogs 7 cats 3 tortoises a million fish-house doesn't
really smell!! This may or may not be allowed it may have to come out of surplus.
Hair 40

Accountant 15

House ins 12

School
expenses 120-dinners for 2 teenagers drinks money for the boys

Internet
Will be needed
for 2 yr 10 kids 15 This will probably be cut and told to come out of surplus but leave and see.

Think that's it for the time being, thanks so much

Prescriptions, dentists, opticians, holidays?

How much will you have coming in when you go bankrupt?