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Debt Relief Orders (DRO) - Information & help thread
Comments
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we get £1484 per month which is dla child benefits incapacity etc0
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so far i can say eg>
120 gas
120 elecy
14 tv licence
54 water
140 petrol
600 shopping
150 clothing
60 virgin media phone +bb
100 children schooling eg. dinner or drinks
60 petfood
30 glasses
10 hospital parking per month
totaling £1458 per month
You need to do a budget sheet.
There are things included that i fear might be too high. For instance your Food bill seems very high. How many are there in your household..?0 -
two adults and three children (all teenagers) lol0
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two adults and three children (all teenagers) lol
Well i don't know what the exact trigger figures are, but if you look back within this thread, someone said Fermi posted them.
You need to do a budget sheet first.
http://www.makesenseofcards.co.uk/soacalc.html
Fill that in. Then post.0 -
recorectingHousehold Information[/b]
Number of adults in household........... 2
Number of children in household......... 3
Number of cars owned.................... 1
Monthly Income Details
Monthly income after tax................ 0
Partners monthly income after tax....... 0
Benefits................................ 1484
Other income............................ 0
Total monthly income.................... 1484
Monthly Expense Details
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 0
Management charge (leasehold property).. 0
Council tax............................. 0
Electricity............................. 120
Gas..................................... 120
Oil..................................... 0
Water rates............................. 54
Telephone (land line)................... 60
Mobile phone............................ 30
TV Licence.............................. 14
Satellite/Cable TV...................... 60
Internet Services....................... 30
Groceries etc. ......................... 600
Clothing................................ 150
Petrol/diesel........................... 120
Road tax................................ 0
Car Insurance........................... 0
Car maintenance (including MOT)......... 0
Car parking............................. 10
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 60
Medical (prescriptions, dentist etc).... 30
Pet insurance/vet bills................. 30
Buildings insurance..................... 0
Contents insurance...................... 0
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 20
Haircuts................................ 20
Entertainment........................... 20
Holiday................................. 0
Emergency fund.......................... 30
(Unnamed monthly expense)............... 0
(Unnamed monthly expense)............... 0
Total monthly expenses.................. 1578
Assets
Cash.................................... 0
House value (Gross)..................... 0
Shares and bonds........................ 0
Car(s).................................. 0
Other assets............................ 0
Total Assets............................ 0
No Secured nor Hire Purchase Debts
Unsecured Debts
Description....................Debt......Monthly...APR
provident......................800.......122.......0
catalogues.....................5000......200.......0
Total unsecured debts..........5800......322.......-
Monthly Budget Summary
Total monthly income.................... 1,484
Expenses (including HP & secured debts). 1,578
Available for debt repayments........... -94
Monthly UNsecured debt repayments....... 322
Amount short for making debt repayments. -416
Personal Balance Sheet Summary
Total assets (things you own)........... 0
Total HP & Secured debt................. -0
Total Unsecured debt.................... -5,800
Net Assets.............................. -5,8000 -
oops forgot cc debt sorry0
-
Household Information[/b]
Number of adults in household........... 2
Number of children in household......... 3
Number of cars owned.................... 1
Monthly Income Details
Monthly income after tax................ 0
Partners monthly income after tax....... 0
Benefits................................ 1484
Other income............................ 0
Total monthly income.................... 1484
Monthly Expense Details
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 0
Management charge (leasehold property).. 0
Council tax............................. 0
Electricity............................. 120
Gas..................................... 120
Oil..................................... 0
Water rates............................. 54
Telephone (land line)................... 60
Mobile phone............................ 30
TV Licence.............................. 14
Satellite/Cable TV...................... 60
Internet Services....................... 30
Groceries etc. ......................... 600
Clothing................................ 150
Petrol/diesel........................... 120
Road tax................................ 0
Car Insurance........................... 0
Car maintenance (including MOT)......... 0
Car parking............................. 10
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 60
Medical (prescriptions, dentist etc).... 30
Pet insurance/vet bills................. 30
Buildings insurance..................... 0
Contents insurance...................... 0
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 20
Haircuts................................ 20
Entertainment........................... 20
Holiday................................. 0
Emergency fund.......................... 30
(Unnamed monthly expense)............... 0
(Unnamed monthly expense)............... 0
Total monthly expenses.................. 1578
Assets
Cash.................................... 0
House value (Gross)..................... 0
Shares and bonds........................ 0
Car(s).................................. 0
Other assets............................ 0
Total Assets............................ 0
No Secured nor Hire Purchase Debts
Unsecured Debts
Description....................Debt......Monthly...APR
provident......................800.......122.......0
catalogues.....................5000......200.......0
Total unsecured debts..........5800......322.......-
Monthly Budget Summary
Total monthly income.................... 1,484
Expenses (including HP & secured debts). 1,578
Available for debt repayments........... -94
Monthly UNsecured debt repayments....... 322
Amount short for making debt repayments. -416
Personal Balance Sheet Summary
Total assets (things you own)........... 0
Total HP & Secured debt................. -0
Total Unsecured debt.................... -5,800
Net Assets.............................. -5,800
Can' take a proper look, gotta do the school run... Will look more closely when i get back...0 -
Statement of Affairs and Personal Balance Sheet
Household Information
Number of adults in household........... 2
Number of children in household......... 3
Number of cars owned.................... 1
Monthly Income Details
Monthly income after tax................ 0
Partners monthly income after tax....... 0
Benefits................................ 1484
Other income............................ 0
Total monthly income.................... 1484
Monthly Expense Details
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 0
Management charge (leasehold property).. 0
Council tax............................. 0
Electricity............................. 120
Gas..................................... 120
Oil..................................... 0
Water rates............................. 54
Telephone (land line)................... 60
Mobile phone............................ 30
TV Licence.............................. 14
Satellite/Cable TV...................... 60
Internet Services....................... 30
Groceries etc. ......................... 600
Clothing................................ 150
Petrol/diesel........................... 120
Road tax................................ 0
Car Insurance........................... 0
Car maintenance (including MOT)......... 0
Car parking............................. 10
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 60
Medical (prescriptions, dentist etc).... 30
Pet insurance/vet bills................. 30
Buildings insurance..................... 0
Contents insurance...................... 0
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 20
Haircuts................................ 20
Entertainment........................... 20
Holiday................................. 0
Emergency fund.......................... 30
(Unnamed monthly expense)............... 0
(Unnamed monthly expense)............... 0
Total monthly expenses.................. 1578
Assets
Cash.................................... 0
House value (Gross)..................... 0
Shares and bonds........................ 0
Car(s).................................. 0
Other assets............................ 0
Total Assets............................ 0
No Secured nor Hire Purchase Debts
Unsecured Debts
Description....................Debt......Monthly...APR
provident......................800.......122.......0
catalogues.....................5000......200.......0
credit cards...................1200......30........0
overdraft......................2000......30........0
Total unsecured debts..........9000......382.......-
Monthly Budget Summary
Total monthly income.................... 1,484
Expenses (including HP & secured debts). 1,578
Available for debt repayments........... -94
Monthly UNsecured debt repayments....... 382
Amount short for making debt repayments. -476
Personal Balance Sheet Summary
Total assets (things you own)........... 0
Total HP & Secured debt................. -0
Total Unsecured debt.................... -9,000
Net Assets.............................. -9,000
Created using the SOA calculator at https://www.makesenseofcards.com.
Reproduced on Moneysavingexpert with permission, using Firefox browser.0 -
Statement of Affairs and Personal Balance Sheet
Household Information
Number of adults in household........... 2
Number of children in household......... 3
Number of cars owned.................... 1
Monthly Income Details
Monthly income after tax................ 0
Partners monthly income after tax....... 0
Benefits................................ 1484
Other income............................ 0
Total monthly income.................... 1484
Monthly Expense Details
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 0
Management charge (leasehold property).. 0
Council tax............................. 0
Electricity............................. 120
Gas..................................... 120
Oil..................................... 0
Water rates............................. 54
Telephone (land line)................... 60
Mobile phone............................ 30
TV Licence.............................. 14
Satellite/Cable TV...................... 60
Internet Services....................... 30
Groceries etc. ......................... 600
Clothing................................ 150
Petrol/diesel........................... 120
Road tax................................ 0
Car Insurance........................... 0
Car maintenance (including MOT)......... 0
Car parking............................. 10
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 60
Medical (prescriptions, dentist etc).... 30
Pet insurance/vet bills................. 30
Buildings insurance..................... 0
Contents insurance...................... 0
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 20
Haircuts................................ 20
Entertainment........................... 20
Holiday................................. 0
Emergency fund.......................... 30
(Unnamed monthly expense)............... 0
(Unnamed monthly expense)............... 0
Total monthly expenses.................. 1578
Assets
Cash.................................... 0
House value (Gross)..................... 0
Shares and bonds........................ 0
Car(s).................................. 0
Other assets............................ 0
Total Assets............................ 0
No Secured nor Hire Purchase Debts
Unsecured Debts
Description....................Debt......Monthly...APR
provident......................800.......122.......0
catalogues.....................5000......200.......0
credit cards...................1200......30........0
overdraft......................2000......30........0
Total unsecured debts..........9000......382.......-
Monthly Budget Summary
Total monthly income.................... 1,484
Expenses (including HP & secured debts). 1,578
Available for debt repayments........... -94
Monthly UNsecured debt repayments....... 382
Amount short for making debt repayments. -476
Personal Balance Sheet Summary
Total assets (things you own)........... 0
Total HP & Secured debt................. -0
Total Unsecured debt.................... -9,000
Net Assets.............................. -9,000
Created using the SOA calculator at www.makesenseofcards.com.
Reproduced on Moneysavingexpert with permission, using Firefox browser.
Araggghhh i have to go. You need to get the AVALIABLE FOR DEBT REPAYMENTS bit into a + figure of no more then £50.
Here's mine as an example..
https://forums.moneysavingexpert.com/discussion/comment/35084561#Comment_350845610 -
Statement of Affairs and Personal Balance Sheet
Household Information
Number of adults in household........... 2
Number of children in household......... 3
Number of cars owned.................... 1
Monthly Income Details
Monthly income after tax................ 0
Partners monthly income after tax....... 0
Benefits................................ 1484
Other income............................ 0
Total monthly income.................... 1484
Monthly Expense Details
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 0 Have you included HB in your figures..? I added HB into mine, but also included rent. I did not include Council Tax as i don't actually receive a payment into my bank
Management charge (leasehold property).. 0
Council tax............................. 0
Electricity............................. 120
Gas..................................... 120
Oil..................................... 0
Water rates............................. 54
Telephone (land line)................... 60 That seems too high to me
Mobile phone............................ 30
TV Licence.............................. 14
Satellite/Cable TV...................... 60 This is too high too.
Internet Services....................... 30
Groceries etc. ......................... 600
Clothing................................ 150
Petrol/diesel........................... 120
Road tax................................ 0
Car Insurance........................... 0
Car maintenance (including MOT)......... 0
Car parking............................. 10
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 60 What are these for...?
Medical (prescriptions, dentist etc).... 30
Pet insurance/vet bills................. 30
Buildings insurance..................... 0
Contents insurance...................... 0
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 20
Haircuts................................ 20
Entertainment........................... 20
Holiday................................. 0
Emergency fund.......................... 30
(Unnamed monthly expense)............... 0
(Unnamed monthly expense)............... 0
Total monthly expenses.................. 1578
Assets
Cash.................................... 0
House value (Gross)..................... 0
Shares and bonds........................ 0
Car(s).................................. 0
Other assets............................ 0
Total Assets............................ 0
No Secured nor Hire Purchase Debts
Unsecured Debts
Description....................Debt......Monthly...APR
provident......................800.......122.......0
catalogues.....................5000......200.......0
credit cards...................1200......30........0
overdraft......................2000......30........0
Total unsecured debts..........9000......382.......-
Monthly Budget Summary
Total monthly income.................... 1,484
Expenses (including HP & secured debts). 1,578
Available for debt repayments........... -94
Monthly UNsecured debt repayments....... 382
Amount short for making debt repayments. -476
Personal Balance Sheet Summary
Total assets (things you own)........... 0
Total HP & Secured debt................. -0
Total Unsecured debt.................... -9,000
Net Assets.............................. -9,000
Created using the SOA calculator at www.makesenseofcards.com.
Reproduced on Moneysavingexpert with permission, using Firefox browser.
I have queried a few, but to be honest you do need to wait for Fat or Immoral to come along as they are much more knowledgeable in this as they work for the CAB.:D0
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