Soa Final Draft - Single Person

Lostboy02

Hello again

This is my final draft of the SOA, i live with another person so the numbers for the household bills are about 52% of what the monthly cost is.

Will the OR ask for statements and bills to confirm my figures are correct? They are, but i dont have my gas and electric bill yet, we have only been here 3 months and are still expecting our first bill but i contacted the companys in question and asked for figures.

We dont have a home phone so i havent listed one? should i?

Will i need bank statements for the OR? the most recent ones ? or will he want pay slips?

Thanks for all help and advice

J

Statement of Affairs and Personal Balance Sheet

Monthly Income Details
Monthly income after tax................ 908
Partners monthly income after tax....... 0
Benefits................................ 0
Other income............................ 0
Total monthly income.................... 908

Monthly Expense Details
Mortgage................................ 0
Secured loan repayments................. 0
Hire Purchase (HP) repayments........... 0
Rent.................................... 260
Management charge (leasehold property).. 0
Council tax............................. 60
Electricity............................. 50
Gas..................................... 50
Oil..................................... 0
Water rates............................. 30
Telephone (land line)................... 0
Mobile phone............................ 30
TV Licence.............................. 12
Satellite/Cable TV...................... 0
Internet Services....................... 0
Groceries etc. ......................... 150
Clothing................................ 20
Petrol/diesel........................... 130
Road tax................................ 15
Car Insurance........................... 60
Car maintenance (including MOT)......... 10
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)...... 0
Haircuts................................ 10
Entertainment........................... 0
Holiday................................. 10
Emergency fund.......................... 0
Total monthly expenses.................. 907


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
Total unsecured debts..........0.........0.........-


Monthly Budget Summary
Total monthly income.................... 908
Expenses (including HP & secured debts). 907
Available for debt repayments........... 1
Monthly UNsecured debt repayments....... 0
Amount left after debt repayments....... 1

Personal Balance Sheet Summary
Total assets (things you own)........... 0
Total HP & Secured debt................. -0
Total Unsecured debt.................... -0
Net Assets.............................. 0

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

dalip

Lostboy02 wrote: »

Hello again

This is my final draft of the SOA, i live with another person so the numbers for the household bills are about 52% of what the monthly cost is.

Will the OR ask for statements and bills to confirm my figures are correct?no They are, but i dont have my gas and electric bill yet, we have only been here 3 months and are still expecting our first bill but i contacted the companys in question and asked for figures.

We dont have a home phone so i havent listed one? should i?no

Will i need bank statements for the OR? the most recent ones ? or will he want pay slips?both .

Thanks for all help and advice

J

Statement of Affairs and Personal Balance Sheet

Monthly Income Details
Monthly income after tax................ 908
Partners monthly income after tax....... 0
Benefits................................ 0
Other income............................ 0
Total monthly income.................... 908

Monthly Expense Details
Mortgage................................ 0
Secured loan repayments................. 0
Hire Purchase (HP) repayments........... 0
Rent.................................... 260
Management charge (leasehold property).. 0
Council tax............................. 60
Electricity............................. 50this is high if it is half
Gas..................................... 50ditto
Oil..................................... 0
Water rates............................. 30
Telephone (land line)................... 0
Mobile phone............................ 30Only usually allow £20 but leave and point out no landline if asked
TV Licence.............................. 12
Satellite/Cable TV...................... 0
Internet Services....................... 0
Groceries etc. ......................... 150£170
Clothing................................ 20£30
Petrol/diesel........................... 130
Road tax................................ 15
Car Insurance........................... 60
Car maintenance (including MOT)......... 10
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 10£20
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 0
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 0
Haircuts................................ 10
Entertainment........................... 0
Holiday................................. 10
Emergency fund.......................... 0
Total monthly expenses.................. 907


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
Total unsecured debts..........0.........0.........-


Monthly Budget Summary
Total monthly income.................... 908
Expenses (including HP & secured debts). 907
Available for debt repayments........... 1
Monthly UNsecured debt repayments....... 0
Amount left after debt repayments....... 1

Personal Balance Sheet Summary
Total assets (things you own)........... 0
Total HP & Secured debt................. -0
Total Unsecured debt.................... -0
Net Assets.............................. 0

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

I think your gas/electric are a bit high so i would be tempted to lower them but increase the amounts i have suggested so that your balance is still the same.Dx

deedee_3

You also have no contents insurance which is a must, especially if you are going bankrupt. Make sure it includes accidental damage and there is no bankruptcy clause in it.