Date booked & more q's

miss_spooky

Hello,

I've booked our br date with the court for Mon 27th Oct @ 10o/c. I now have a few more q's.

1stly, I have decided to vol surrender my car, it is on hp, missed last 3 payments, with 4 mths left. paid over 2 thirds, so got nothing left except arrears. Had a letter today saying that they will collect car AFTER the total outstanding libility £988 has been paid.

Does this mean that I will have to pay this or will it go into br?

I have put together our soa’s, oh’s, mine and a joint. I’ve worked out our contributions by dividing our household exps in two. i.e household exp comes to 1400 so we contribute 700 to each other if that makes sense.

2 adults, 2 children, 2 cats (living with parents) as we’re in temp accom. Hence no ctax, gas, or other household utility bills etc. These will be included when we move – another 2/4 mths yet…

CSA payment of 125 is for arrears only, though oh may have to pay current mtce as an assessment is being carried out due to payrise. Arrears may also go up.

Medical is 40 as I’m asthmatic and do req reg prescriptions. Looked into pre-pay but not cost effective. Think that’s it.

Forgot to put in other car on hp which is 183pm.

OH

Monthly Income Details
Monthly income after tax................ 1200
Partners monthly income after tax....... 0
Benefits................................ 700
Other income............................ 0
Total monthly income.................... 1900

Monthly Expense Details
Rent.................................... 496
Council tax............................. 0
Electricity............................. 25
Gas..................................... 0
Water rates............................. 0
Telephone (land line)................... 0
Mobile phone(s)x2....................... 50
TV Licence.............................. 23
Groceries etc. ......................... 450
Clothing................................ 50
Petrol/diesel........................... 100
Road tax................................ 15
Car Insurance........................... 35
Car maintenance (including MOT)......... 20
Childcare/nursery....................... 8
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 40
Pet insurance/vet bills................. 28
Contents insurance...................... 0
Presents (birthday, christmas etc)...... 10
Haircuts................................ 30
Holiday................................. 40
Total monthly expenses.................. 1420

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
Ctax 07/08.....................216.......3.........0
Rundles .......................1827......50........0
Baker .........................4304......140.......0
College Credit.................2931......15........0
Credit Card....................628.......1.........0
CSA............................6879......125...... .0
welcome Fin....................3500......215.......28
Arriva.........................1700......1........ .0
Scottish Power Gas.............236.......1.........0
Scottish Power Elec............119.......1.........0
First Response.................9776......183.......32
Total unsecured debts..........32116.....735.......

Monthly Budget Summary
Total monthly income.................... 1,900
Expenses (including secured debts)....... 1,420
Available for debt repayments........... 480
Monthly UNsecured debt repayments....... 735
Surplus(deficit if negative)............ -255

Personal Balance Sheet Summary
Total assets (things you own)........... 0
Total Secured debt...................... -0
Total Unsecured debt.................... -32,116
Net Assets.............................. -32,116



Mine

Monthly Income Details
Monthly income after tax................ 700
Partners monthly income after tax....... 0
Benefits................................ 935
Other income............................ 0
Total monthly income.................... 1635

Monthly Expense Details
Rent.................................... 496
Council tax............................. 0
Electricity............................. 25
Gas..................................... 0
Water rates............................. 0
Telephone (land line)................... 0
Mobile phone(s)x2....................... 50
TV Licence.............................. 23
Groceries etc. ......................... 450
Clothing................................ 50
Petrol/diesel........................... 100
Road tax................................ 15
Car Insurance........................... 35
Car maintenance (including MOT)......... 20
Childcare/nursery....................... 8
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 40
Pet insurance/vet bills................. 28
Contents insurance...................... 0
Presents (birthday, christmas etc)...... 10
Haircuts................................ 30
Holiday................................. 40
Total monthly expenses.................. 1420

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
Ctax 07/08.....................216.......3.........0
Rundles .......................1827......50........0
Baker .........................4304......140.......0
Abbey..........................1188......0........ .0
Abbey..........................768.......0........ .0
Provi..........................709.......0........ .0
Littlewoods....................555.......0........ .0
RVC............................400.......0........ .0
Eon............................380.......0........ .0
Nationwide BS..................238.......0.........0
IR Cont........................228.......0.........0
Cap 1..........................223.......1.........0
Water..........................195.......0........ .0
Npower.........................178.......0........ .0
UK Open Learning...............350.......10........0
Virgin ........................123.......0.........0
Sky............................114.......0........ .0
3G Mob.........................105.......0.........0
BFC LLS........................101.......1.........0
Sth Ele........................450.......10........0
Scottish Power Gas.............236.......1.........0
Scottish Power Elec............119.......1.........0
First Response.................9776......183.......32
Total unsecured debts..........22783.....400.......

Monthly Budget Summary
Total monthly income.................... 1,635
Expenses (including secured debts)....... 1,420
Available for debt repayments........... 215
Monthly UNsecured debt repayments....... 400
Surplus(deficit if negative)............ -185

Personal Balance Sheet Summary
Total assets (things you own)........... 0
Total Secured debt...................... -0
Total Unsecured debt.................... -22,783
Net Assets.............................. -22,783


Joint

Monthly Income Details
Monthly income after tax................ 1200
Partners monthly income after tax....... 0
Benefits................................ 935
Other income............................ 0
Total monthly income.................... 2135

Monthly Expense Details
Rent.................................... 496
Management charge (leasehold property).. 0
Council tax............................. 0
Electricity............................. 25
Gas..................................... 0
Water rates............................. 0
Telephone (land line)................... 0
Mobile phone(s)x2....................... 50
TV Licence.............................. 23
Groceries etc. ......................... 450
Clothing................................ 50
Petrol/diesel........................... 100
Road tax................................ 15
Car Insurance........................... 35
Car maintenance (including MOT)......... 20
Childcare/nursery....................... 8
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 40
Pet insurance/vet bills................. 28
Contents insurance...................... 0
Presents (birthday, christmas etc)...... 10
Haircuts................................ 30
Holiday................................. 40
Total monthly expenses.................. 1420

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
Ctax 07/08.....................216.......3.........0
Rundles .......................1827......50........0
Baker .........................4304......140.......0
Abbey..........................1188......0........ .0
Abbey..........................768.......0........ .0
Provi..........................709.......0........ .0
Littlewoods....................555.......0........ .0
RVC............................400.......0........ .0
Eon............................380.......0........ .0
Nationwide BS..................238.......0.........0
IR Cont........................228.......0.........0
Cap 1..........................223.......1.........0
Water..........................195.......0........ .0
Npower.........................178.......0........ .0
UK Open Learning...............350.......10........0
Virgin ........................123.......0.........0
Sky............................114.......0........ .0
3G Mob.........................105.......0.........0
BFC LLS........................101.......1.........0
Sth Ele........................450.......10........0
College Credit.................2931......15........0
Credit Card....................628.......1.........0
CSA............................6879......125...... .0
welcome Fin....................3500......215.......28
Arriva.........................1700......1........ .0
Scottish Power Gas.............236.......1.........0
Scottish Power Elec............119.......1.........0
First Response.................9776......183.......32
Total unsecured debts..........38421.....757.......

Monthly Budget Summary
Total monthly income.................... 2,135
Expenses (including secured debts)....... 1,420
Available for debt repayments........... 715
Monthly UNsecured debt repayments....... 757
Surplus(deficit if negative)............ -42

Personal Balance Sheet Summary
Total assets (things you own)........... 0
Total Secured debt...................... -0
Total Unsecured debt.................... -38,421
Net Assets.............................. -38,421

shadowdragon

You ahve put both mobiles, television licence ect down twice on the individual SOAs. rather half them or take off one and leave on another.

miss_spooky

Hi ya,

Thanks for reply. If we are contributing to each others soa's surely the house hold would remain as it is? If it's the case of halving mobiles & tvlc, then surely this should apply to the entire soa?

shadowdragon

yeah it will, but Personal Bankruptcy is an individual thing so...

You create two SOA one for each of you, then (take your SOA for example) you would put your income down and how much your OH contributes. You then put housekeeping, elect ect down in full.

Then personal stuff such as your mobile telephone, your hairdressing, your prescriptions your clothing, your petrol, your car running costs ect.

Then on OHs SOA you would put there full income and your contribution, then put full housekeep, full electricity ect, but the HIS Clothing, his car running costs, his mobile telephone ect.

Remember they are not interested in what the OH is earning only what they contribute to the finances. As they know partners have there own financial responsibilities.

Imagine if only one of you was going BC, would it be fair on the OH to have to pay an IPA when they have moderate or low debt, which they still have to pay?

Hope that makes sense.