Our SOA's please check through

spenderblender

I hijacked someone elses thread so thought to start my own.

Right, me, woman, is on incapacity and hubby in full time work. Majority of debt is in my name and listed as so on the iva that we entered as joint. Now we are going for bankruptcy I want to get all paperwork ready to put into court as soon as fail notice arrives from debt free direct.
I now know I have to list each debt as individual which I will do with list from DFD, I cant see much as having been paid to them in a year from the money we have paid. I just dont understand what I put on each SOA with incomes and so on. Please help with instructions and input.


Statement of Affairs and Personal Balance SheetHousehold InformationNumber of adults in household........... 2
Number of children in household......... 2
Number of cars owned.................... 1
Monthly Income DetailsMonthly income after tax................ 0
Partners monthly income after tax....... 750
Benefits………………………………………………incapacity 372
Working tax credit.......................274
Family allowance……………………………………………………………..126
Other income............................ 0
Total monthly income.................... 1522Monthly Expense DetailsMortgage................................ 0
Secured loan repayments................. 0
Rent.................................... 253
Management charge (leasehold property).. 0
Council tax............................. 82
Electricity............................. 60
Gas..................................... 60
Oil..................................... 0
Water rates............................. 38
Telephone (land line)................... 60
Mobile phone............................ 0
TV Licence.............................. 12
Satellite/Cable TV...................... 0
Internet Services....................... 0
Groceries etc. ......................... 450
Clothing................................ 100
Petrol/diesel........................... 100
Road tax................................ 30
Car Insurance........................... 30
Car maintenance (including MOT)......... 20
Car parking............................. 0
Other travel............................ 20
Childcare/nursery....................... 0
Other child related expenses............ 48
Medical (prescriptions, dentist etc).... 18
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 9
Life assurance ......................... 5
Other insurance......................... 0
Presents (birthday, christmas etc)...... 0
Haircuts................................ 30
Entertainment........................... 0
Holiday................................. 60!
Emergency fund.......................... 0
Total monthly expenses.................. 1545

tigerfeet2006

At a quick glance it all looks fine. You understand how to split it between the 2 of you, don't you?

Check your home insurance has accidental damage on it as you won't have access to credit if one of your DC were to break the TV.

Also is your car insurance fully comp?

spenderblender

thanks for replying. No not sure how to split. Can you list how to do it please?
Car insurance is fully comp and I will check house insurance.

I also noticed on the forms last night that they want your last job if you do not work. I worked for a bit on the government scheme that lets you work while on incapacity. Do I put this as my last job or the job I had when I first came out of work onto incapacity?

loadsofdebt

im no expert but i dont think holidays and haircuts are allowed?
just add extra money into other things.
poll tax will go up in april
food bill is all ways going up

tigerfeet2006

Loadsofdebt holidays and haircuts are allowed.

SB on each SOA you list your joint outgoings ie mortgage/rent, utilities, council tax. Then you list your own personal expenses ie mobiles, haircuts, clothes.

Then on each form you put the full wage of the person who's soa it is and then the contribution of the other person to the joint outgoings.

If you do both and pop them up someone will check them over for you.

spenderblender

Here are the seperate SOA of myself and hubby. Could you please check through and see if correct. I know that things will go up in the new tax year so will put them up accordingly. Thankyou.

HIM

Statement of Affairs and Personal Balance SheetHousehold Information
Number of adults in household........... 2
Number of children in household......... 2
Number of cars owned.................... 0
Monthly Income Details
Monthly income after tax................ 750
Partners monthly income after tax....... 0
Benefits……………………………………………… 0
Working tax credit....................... 0
Family allowance…………………………………………………………….. 0
Other income..................partners 380
Total monthly income.................... 1130
Monthly Expense Details
Mortgage................................ 0
Secured loan repayments................. 0
Rent.................................... 253
Management charge (leasehold property).. 0
Council tax............................. 82
Electricity............................. 60
Gas..................................... 60
Oil..................................... 0
Water rates............................. 38
Telephone (land line)................... 60
Mobile phone............................ 0
TV Licence.............................. 12
Satellite/Cable TV...................... 0
Internet Services....................... 0
Groceries etc. ......................... 500
Clothing................................ 50
Petrol/diesel........................... 0
Road tax................................ 0
Car Insurance........................... 0
Car maintenance (including MOT)......... 0
Car parking............................. 0
Other travel.....................bus /work 120
Childcare/nursery....................... 0
Other child related expenses............ 24
Medical (prescriptions, dentist etc).... 0
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 9
Life assurance ......................... 5
Other insurance......................... 5
Presents (birthday, christmas etc)...... 0
Haircuts................................ 15
Entertainment........................... 0
Holiday................................. 60
Emergency fund.......................... 0
Total monthly expenses.................. 1353
HER

Statement of Affairs and Personal Balance SheetHousehold Information
Number of adults in household........... 2
Number of children in household......... 2
Number of cars owned.................... 1
Monthly Income Details
Monthly income after tax................ 0
Partners monthly income after tax....... 0
Benefits………………………………………………incapacity 372
Working tax credit....................... 272
Family allowance…………………………………………………………….. 126
Other income..................partners 380
Total monthly income.................... 1150
Monthly Expense Details
Mortgage................................ 0
Secured loan repayments................. 0
Rent.................................... 253
Management charge (leasehold property).. 0
Council tax............................. 82
Electricity............................. 60
Gas..................................... 60
Oil..................................... 0
Water rates............................. 38
Telephone (land line)................... 60
Mobile phone............................ 0
TV Licence.............................. 12
Satellite/Cable TV...................... 0
Internet Services....................... 0
Groceries etc. ......................... 500
Clothing................................ 50
Petrol/diesel........................... 100
Road tax................................ 10
Car Insurance........................... 30
Car maintenance (including MOT)......... 20
Car parking............................. 0
Other travel..................... 0
Childcare/nursery....................... 0
Other child related expenses............ 24
Medical (prescriptions, dentist etc).... 18
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 9
Life assurance ......................... 5
Other insurance......................... 5
Presents (birthday, christmas etc)...... 0
Haircuts................................ 30
Entertainment........................... 0
Holiday................................. 60
Emergency fund.......................... 0
Total monthly expenses.................. 1426