please can you take a look at my soa and advise

coco1277_2

Hi , My husband has booked into petition for his bankruptcy on 22/01 and would just like some one to check SOA and advise if everything looks ok .
I myself dont work and only receive child benefit and child tax credit , Do I need to add these to his SOA or leave off.


Number of adults in household........... 2
Number of children in household......... 2
Number of cars owned.................... 1
Monthly Income Details[/b]
Monthly income after tax................ 1727
Partners monthly income after tax....... 0
Benefits................................ 76.88
Other income............................ 0
Total monthly income.................... 1803.88
Monthly Expense Details
Mortgage................................ 0
Secured loan repayments................. 0
Rent.................................... 550
Management charge (leasehold property).. 0
Council tax............................. 96
Electricity............................. 100
Gas..................................... 97
Oil..................................... 0
Water rates............................. 35
Telephone (land line)................... 45
Mobile phone............................ 10
TV Licence.............................. 13
Satellite/Cable TV...................... 0
Internet Services....................... 0
Groceries etc. ......................... 500
Clothing................................ 80
Petrol/diesel........................... 120
Road tax................................ 13
Car Insurance........................... 54
Car maintenance (including MOT)......... 20
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 10
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 0
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 40
Haircuts................................ 20
Entertainment........................... 0
Holiday................................. 0
Emergency fund.......................... 0
Total monthly expenses.................. 1803

Assets
Cash.................................... 0
House value (Gross)..................... 0
Shares and bonds........................ 0
Car(s).................................. 500
Other assets............................ 0
Total Assets............................ 500

No Secured Debt
Unsecured Debts
Description....................Debt......Monthly...APR
mortgage shortfall.............45000.....0.........0
loans..........................10000.....0.........0
hp shortfall...................4000......0.........0
loan shortfall.................6024......0.........0
Total unsecured debts..........65024.....0.........-

Monthly Budget Summary
Total monthly income.................... 1,803.88
Expenses (including secured debts)...... 1,803
Available for debt repayments........... 0.88
Monthly UNsecured debt repayments....... 0
Amount left after debt repayments....... 0.88
Personal Balance Sheet Summary
Total assets (things you own)........... 500
Total Secured debt...................... -0
Total Unsecured debt.................... -65,024
Net Assets.............................. -64,524
Created using the SOA calculator at www.makesenseofcards.com.
Reproduced on Moneysavingexpert with permission.[/font]


Thanks for looking

dalip

coco1277 wrote: »

Hi , My husband has booked into petition for his bankruptcy on 22/01 and would just like some one to check SOA and advise if everything looks ok .
I myself dont work and only receive child benefit and child tax credit , Do I need to add these to his SOA or leave off.If they are in your name and paid to you then no


Number of adults in household........... 2
Number of children in household......... 2
Number of cars owned.................... 1
Monthly Income Details[/b]
Monthly income after tax................ 1727
Partners monthly income after tax....... 0
Benefits................................ 76.88
Other income............................ 0
Total monthly income.................... 1803.88
Monthly Expense Details
Mortgage................................ 0
Secured loan repayments................. 0
Rent.................................... 550
Management charge (leasehold property).. 0
Council tax............................. 96
Electricity............................. 100bit high,they may cut this down
Gas..................................... 97ditto
Oil..................................... 0
Water rates............................. 35
Telephone (land line)................... 45
Mobile phone............................ 10
TV Licence.............................. 13
Satellite/Cable TV...................... 0
Internet Services....................... 0
Groceries etc. ......................... 500
Clothing................................ 80
Petrol/diesel........................... 120
Road tax................................ 13
Car Insurance........................... 54
Car maintenance (including MOT)......... 20
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 10
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 0
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 40put this on holidays
Haircuts................................ 20
Entertainment........................... 0
Holiday................................. 0
Emergency fund.......................... 0
Total monthly expenses.................. 1803

Assets
Cash.................................... 0
House value (Gross)..................... 0
Shares and bonds........................ 0
Car(s).................................. 500
Other assets............................ 0
Total Assets............................ 500

No Secured Debt
Unsecured Debts
Description....................Debt......Monthly...APR
mortgage shortfall.............45000.....0.........0
loans..........................10000.....0.........0
hp shortfall...................4000......0.........0
loan shortfall.................6024......0.........0
Total unsecured debts..........65024.....0.........-

Monthly Budget Summary
Total monthly income.................... 1,803.88
Expenses (including secured debts)...... 1,803
Available for debt repayments........... 0.88
Monthly UNsecured debt repayments....... 0
Amount left after debt repayments....... 0.88
Personal Balance Sheet Summary
Total assets (things you own)........... 500
Total Secured debt...................... -0
Total Unsecured debt.................... -65,024
Net Assets.............................. -64,524
Created using the SOA calculator at www.makesenseofcards.com.
Reproduced on Moneysavingexpert with permission.[/font]


Thanks for looking

Apart from the things marked it looks fine. Good luck to your OH.Dx

carlita

will £500 for groceries be allowed??

dalip

For 2 adults and 2 children then i don't see why not.You can but try;) .Dx

coco1277_2

Thank you very much Dalip , your a star x

dalip

Thankyou it was nothing. I hate to see a post unanswered:o.

coco1277_2

Hi , Just a quick question please , I am busy Listing unsecured Creditors on the online forms , If the debt is now with debt agencies do I put the name of original creditor then the name and address of debt agency ? or do I need to put name and address of original creditor ?
Thanks

patsypat911

You need to fill in the name of the company the debt was originally with but then put the address of the DCA who the debt is with now. Thats what I did on my bankruptcy forms.

dalip

I would put who the debt is now with. When creditors sell on debts they become nothing to do with them. You could put in brackets who the debt was with originally,but not sure it matters as long as it is listed.Dx

coco1277_2

Thank you once again Dalip xx

coco1277_2

and you to Patsy thank you x