Time for change - help needed by numpty!!!

HarryStottle

I have just opened all of the letters....about a forests worth and the demands are from 3 different companies, Lowell, Hamptons and mackenzie hall.

They are all after the same money and all dated quite recently?

HarryStottle

Congratulations on completing your SOA. What you need to do now is to highlight, copy and paste everything (yes, I mean everything) below the line into a post on the MSE website. When you have done that, you can type any other relevant information at the end of the post.

<===== Copy and paste EVERYTHING below this line into your MSE post =====>

Statement of Affairs and Personal Balance Sheet

Monthly Income Details
Monthly income after tax................ 1570
Partners monthly income after tax....... 0
Benefits................................ 0
Other income............................ 0
Total monthly income.................... 1570

Monthly Expense Details
Mortgage................................ 0
Secured loan repayments................. 0
Rent.................................... 400
Management charge (leasehold property).. 0
Council tax............................. 0
Electricity............................. 0
Gas..................................... 0
Oil..................................... 0
Water rates............................. 0
Telephone (land line)................... 0
Mobile phone............................ 35
TV Licence.............................. 0
Satellite/Cable TV...................... 0
Internet Services....................... 0
Groceries etc. ......................... 250
Clothing................................ 25
Petrol/diesel........................... 0
Road tax................................ 0
Car Insurance........................... 0
Car maintenance (including MOT)......... 0
Car parking............................. 0
Other travel............................ 20
Childcare/nursery....................... 0
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 40
Pet insurance/vet bills................. 20
Buildings insurance..................... 0
Contents insurance...................... 0
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 30
Haircuts................................ 10
Entertainment........................... 100
Holiday................................. 0
Emergency fund.......................... 0
Money to friends........................ 2000
Total monthly expenses.................. 2930

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
HBOS...........................4000......0.........0
HBOS...........................1504......0.........0
HBOS...........................1174......0.........0
BARCLAY CARD...................1000......0.........0
HBOS...........................3500......0.........0
Total unsecured debts..........11178.....0.........-

Monthly Budget Summary
Total monthly income.................... 1,570
Expenses (including secured debts)....... 2,930
Available for debt repayments........... -1,360
Monthly UNsecured debt repayments....... 0
Surplus(deficit if negative)............ -1,360

Personal Balance Sheet Summary
Total assets (things you own)........... 0
Total Secured debt...................... -0
Total Unsecured debt.................... -11,178
Net Assets.............................. -11,178

Created using the SOA calculator at https://www.makesenseofcards.com.
Reproduced on Moneysavingexpert with permission.

======== Enter any other useful information below ========

e.g. the number of adults & children in the household, the number

of cars included in the SOA or anything else that may be useful.

paybacktime2008

Hi. Well done for getting sorted.

Whats the money to friends for?

insider66

Money for friends £2000? !!!!!!..


Sorry, a bit shocked

HarryStottle

Umm, I split from a partner and being born with defective genes in the brain had no money saved - deposit, new furniture........i had bought it all with her - did not see the split coming..........great fun!

insider66

The £2000 is the problem, not much else.

Would be helpful if you told us why it is this figure and what it's for?

laura2481

Numpty_Monkey wrote: »

Saw your thread tittle and thaught you called for me

I thought that he was calling for you too :rotfl:

Don't worry Harry. Once you sit down and face up to it, it's usually not as bad as you think! Earlier this year I was getting in a big muddle and not opening letters and stuff and when I finally sorted out my paperwork i owed £1000 less than i was imagining...of course, now I do owe that extra £1000 (numpty monkey is not the only numpty around here!) but that's a different story!

So good luck with your SOA. Find out all your APR%'s on cards and loans etc and when everything is posted no doubt you will get a million money saving, debt busting tips from everyone!

Numpty_Monkey

HarryStottle wrote: »

Congratulations on completing your SOA. What you need to do now is to highlight, copy and paste everything (yes, I mean everything) below the line into a post on the MSE website. When you have done that, you can type any other relevant information at the end of the post.

<===== Copy and paste EVERYTHING below this line into your MSE post =====>

Statement of Affairs and Personal Balance Sheet

Monthly Income Details
Monthly income after tax................ 1570
Partners monthly income after tax....... 0
Benefits................................ 0
Other income............................ 0
Total monthly income.................... 1570

Monthly Expense Details
Mortgage................................ 0
Secured loan repayments................. 0
Rent.................................... 400
Management charge (leasehold property).. 0
Council tax............................. 0 ??
Electricity............................. 0 ??
Gas..................................... 0 ??
Oil..................................... 0
Water rates............................. 0 ??
Telephone (land line)................... 0
Mobile phone............................ 35 Change your tarrif, cancel contract if you can, go PAYG
TV Licence.............................. 0
Satellite/Cable TV...................... 0
Internet Services....................... 0 ??
Groceries etc. ......................... 250 this can be reduced down to at most £100, Look on OS board
Clothing................................ 25, Cut this for a while, wear what you have, if it don't fit sell it
Petrol/diesel........................... 0
Road tax................................ 0
Car Insurance........................... 0
Car maintenance (including MOT)......... 0
Car parking............................. 0
Other travel............................ 20:eek:
Childcare/nursery....................... 0
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 40 Maybe a prepaid certificate willl be better for you
Pet insurance/vet bills................. 20
Buildings insurance..................... 0
Contents insurance...................... 0
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 30 Cut this down
Haircuts................................ 10
Entertainment........................... 100 cut this down
Holiday................................. 0
Emergency fund.......................... 0 need one of these
Money to friends........................ 2000.:eek: must be a typo, please say its a typo, What is it you are paying them for
Total monthly expenses.................. 2930

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
HBOS...........................4000......0.........0
HBOS...........................1504......0.........0
HBOS...........................1174......0.........0
BARCLAY CARD...................1000......0.........0
HBOS...........................3500......0.........0
Total unsecured debts..........11178.....0.........-

Monthly Budget Summary
Total monthly income.................... 1,570
Expenses (including secured debts)....... 2,930
Available for debt repayments........... -1,360
Monthly UNsecured debt repayments....... 0
Surplus(deficit if negative)............ -1,360

Personal Balance Sheet Summary
Total assets (things you own)........... 0
Total Secured debt...................... -0
Total Unsecured debt.................... -11,178
Net Assets.............................. -11,178

Created using the SOA calculator at www.makesenseofcards.com.
Reproduced on Moneysavingexpert with permission.

======== Enter any other useful information below ========

e.g. the number of adults & children in the household, the number

of cars included in the SOA or anything else that may be useful.


Hoorahh.....

I've left a few comments and ?? in red
The minimum payments and aprs for your debts need to be added, probably in the pile of letters you still have unopened

paybacktime2008

HarryStottle wrote: »

Umm, I split from a partner and being born with defective genes in the brain had no money saved - deposit, new furniture........i had bought it all with her - did not see the split coming..........great fun!

Are you saying this £2000 is paying back friends for a loan?

HarryStottle

Thanks Numpty Monkey,

My rent is £400 all inclusive of rates etc, I have only had the phone for 3 months, groceries - I agree I can cut that down substantially, I have enough clothes, entertainment will be easy to cut, I have just ben looking at prepay certs for prescriptions - will get one when paid, birthdays etc I can do away with for a while.

The problem with the amounts owed is that they are now in the hands of what appear to be debt collection agencies and I have not as yet made a plan of what to do so the repayments are a little sketchy.........

Money to friends was a matter of need as opposed to want, some very difficult situations arose and I had no back up plan.