Allowable Outgoings In Bankruptcy

bluemoondays

Hi - I've just come to the outgoings section - it's not as specific as I thought - certainly not as detailed as the kind of thing CCCS go through with you. Can I get some thoughts please on my proposed monthly outgoingsRent 625Housekeeping 250 (this includes things like food, toiletries, hair etc)Gas/Electricity 92Water 0Telephone 62 (this includes land line,mobile and internet)Travelling 100 Clothing 150Maintenance 0Council tax 124 (this is higher than it should be due to backdated tax owedEssential payments 34.00 - this figure is for tv licence and contents insurancehave I missed anything off or put too much anywhere?thanks

Dorothy56

Hi

How many of you are there? Any pets, travel to work etc.

Once people know that I'm sure they will be happy to help.

bluemoondays

hi - there is only me and it is a 2 bed unfurnished flat - just because, at the time, it was cheaper than the 1 bed flats. travelling is down there - sorry table such a mess - it wouldn't put returns in - Travelling - £100 a monththanks

dalip

bluemoondays wrote: »

Hi - I've just come to the outgoings section - it's not as specific as I thought - certainly not as detailed as the kind of thing CCCS go through with you. Can I get some thoughts please on my proposed monthly outgoings
Rent 625
Housekeeping 250 (this includes things like food, toiletries, hair etc)Gas/Electricity 92
Water 0
Telephone 62 (this includes land line,mobile and internet)Travelling 100 Clothing 150
Maintenance 0
Council tax 124 (this is higher than it should be due to backdated tax owed
Essential payments 34.00 - this figure is for tv licence and contents insurance
have I missed anything off or put too much anywhere?thanks

As dotty says how many is that for? Dry cleaning,pet ins,haircuts,holidays.

Would help us too if you told us what your household income is.

skylight

bluemoondays wrote: »

Rent 625
Housekeeping 250 (this includes things like food, toiletries, hair etc) Leave at £250, but expect it to be reduced.
Gas/Electricity 92
Water 0
Telephone 62 (this includes land line,mobile and internet) Don't mention internet
Travelling 100
Clothing 150 Too high for a single person - try £90
Maintenance 0
Council tax 124 (this is higher than it should be due to backdated tax owed All debts should be included in BR, including Council Tax. So the debt should go on your form and this should be the basic CT - are you claiming single person discount?
Essential payments 34.00 - this figure is for tv licence and contents insurance

have I missed anything off or put too much anywhere?thanks

Add in:

Dry Cleaning - £15
Medical Prescriptions/Dental/Optical - £25
Pension Payments?
Life Insurance?

As a start anyway!

dalip

Yep agree with skylight. Except i still think £90 is a bit high for clothes:o but you can but try.Dx

peachyprice

What is your income bluemoondays?

redline944

This is the baby that the OR tried to keep from me...genuine guidance from their technical manual...

http://www.insolvency.gov.uk/DocumentLibrary/Policy/Excel/Household%20Expenditur.xls

I asked for it several times...they weren't keen on me having it so I went and found it...

In fact I think the link should be ade a sticky..

skylight

Firstly, these are old guidlines - from 2007 and expenditure has changed a lot.

Also, an OR looks at your SOA as a whole rather than just specific bits and bobs, so whilst this is a great document, it should not be taken as "gospel". Its only guidelines and not law, so open to interpretation by us and ORs!!!

bluemoondays

hi - well I'm in a strange position re monthly income. I am self employed and my last contract was £800 a week - so £3200 every 4 weeks. However, my last contract finished on 5th Sep as I am not well and am now signed off for six weeks and not sure I won't be signed off for another month or so. Am waiting on benefits claim result so I'm kind of in the middle of nothing. Am struggling with the form. I've put I'm unemployed (guessing self employed off sick means unemployed) but do i still need to put monthly income as I obviously don't have one?

redline944

bluemoondays wrote: »

hi - well I'm in a strange position re monthly income. I am self employed and my last contract was £800 a week - so £3200 every 4 weeks. However, my last contract finished on 5th Sep as I am not well and am now signed off for six weeks and not sure I won't be signed off for another month or so. Am waiting on benefits claim result so I'm kind of in the middle of nothing. Am struggling with the form. I've put I'm unemployed (guessing self employed off sick means unemployed) but do i still need to put monthly income as I obviously don't have one?

Be careful...I ended up in the big poo as I become unemployed and then self employed after BR (previously PAYE)..I was economic with the truth about my earnings and quite frankly have made my situation substantially worse than it needed to be... As I have found to my peril, they've seen it all before...