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Petition - Step 4 ..help

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Hi everyone

am a bit stuck in the Step 4 Unsecured Creditors.

The question - 'what was the debt for?' and date incurred if you are anwsering this from a credit card point of you what would be a suitable?

A loan i understand eg 'a car' and date the loan was taken out but cards are slightly tricky.. any help would be super

Thanks :o

Comments

  • skylight
    skylight Posts: 10,716 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker Home Insurance Hacker!
    I just "credit card - Day to Day expenses" and left them at that.
  • I also put the date I got the CC an dthen day to day living expenses, also consolidation as I had done balance transfers!
  • kot
    kot Posts: 47 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    skylight wrote: »
    I just "credit card - Day to Day expenses" and left them at that.

    Thanks for that the date is the tricky bit but i guess a ball park date will suffice.

    Also in the 'employment and present income' if you are on job seekers I guess you miss 6.3 Take home pay / 6.4 Tax paid / 6.5 NI paid and lump all benefits together and put them in 6.6 ... is that right

    Thanks all
  • Re the cc dates - if the OR is that concerned he can request the statements from the cc company and have the exact dates from those! Unlikely to happen - ballpark will do I'm sure. Not sure about the form, but what you've said sounds ok! CBx
  • fermi
    fermi Posts: 40,542 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker Rampant Recycler
    kot wrote: »
    Also in the 'employment and present income' if you are on job seekers I guess you miss 6.3 Take home pay / 6.4 Tax paid / 6.5 NI paid and lump all benefits together and put them in 6.6 ... is that right

    Yep. :)

    Don't worry to much about the "what was the debt for" question on the cards. There will be opportunity to explain, and the OR is used to seeing a big variation in how CC debt is built up.
    Free/impartial debt advice: National Debtline | StepChange Debt Charity | Find your local CAB

    IVA & fee charging DMP companies: Profits from misery, motivated ONLY by greed
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