Petition - Step 4 ..help

kot

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

skylight

I just "credit card - Day to Day expenses" and left them at that.

Sunny_Bear

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

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

chelseabun_3

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

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.