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Help with SOA please!

applepiencustard
applepiencustard Posts: 52 Forumite
in Bankruptcy & living with it
Hi,

I've got my court date next monday and am trying to finish the forms off. Could someone have a look at my income and expenditure and see if it looks ok? I've been told by payplan that i've to put the dla i receive for my eldest child who has a disability but that it will be disregarded as income as it is meant for him, this means that after taking out child benefit i'll have a deficit.

Anway this is it:

Statement of Income and Expenditure
Monthly Income Details
Monthly income after tax............................... 628
Partners monthly income after tax..................... 0
Child Benefit................................................ 135
CTC/WTC.....................................................831
DLA (for eldest child).....................................270
Total monthly income................................. 1864
Monthly Expense Details
Mortgage........................................................ 0
Secured loan repayments................................. 0
Rent........................................................... 607
Management charge (leasehold property)........... 0
Council tax................................................... 92
Electricity..................................................... 60
Gas............................................................. 60
Oil................................................................ 0
Water rates.................................................. 26
Telephone (land line).................................... 25
Mobile phone................................................. 5
TV Licence................................................... 12
Satellite/Cable TV........................................... 0
Internet Services.......................................... 20
Groceries etc. ............................................475
Clothing..................................................... 75
Petrol/diesel.................................................95
Road tax.................................................... 15
Car Insurance............................................. 14
Car maintenance (including MOT)..................28
Car parking.................................................. 0
Other travel................................................. 0
Childcare/nursery......................................... 0
Other child related expenses...........................0
Medical (prescriptions, dentist etc)................. 0
Pet insurance/vet bills.................................22
Buildings insurance..................................... 0
Contents insurance..................................... 9
Life assurance ........................................... 0
Other insurance......................................... 0
Presents (birthday, christmas etc)................ 0
Hairdressing..............................................20
Entertainment.............................................0
Holiday................................................... 60
Emergency fund........................................10
Total monthly expenses......................... 1730

Monthly Budget Summary
Total monthly income......................... 1864
Expenses ...........................................1730
Surplus............................................... 134



There are four of us oh, me and 2 boys (one age 11, one age 7).

Any help much appreciated!
Life may not be the party we hoped for
But while we're here, we should dance.....:j
BR Date 19.01.09
:hello:

Comments

  • thefuzzyone
    thefuzzyone Posts: 38 Forumite
    applepiencustard wrote: »
    Hi,

    I've got my court date next monday and am trying to finish the forms off. Could someone have a look at my income and expenditure and see if it looks ok? I've been told by payplan that i've to put the dla i receive for my eldest child who has a disability but that it will be disregarded as income as it is meant for him, this means that after taking out child benefit i'll have a deficit.

    Anway this is it:

    Statement of Income and Expenditure
    Monthly Income Details
    Monthly income after tax............................... 628
    Partners monthly income after tax..................... 0
    Child Benefit................................................ 135
    CTC/WTC.....................................................831
    DLA (for eldest child).....................................270
    Total monthly income................................. 1864
    Monthly Expense Details
    Mortgage........................................................ 0
    Secured loan repayments................................. 0
    Rent........................................................... 607
    Management charge (leasehold property)........... 0
    Council tax................................................... 92
    Electricity..................................................... 60
    Gas............................................................. 60
    Oil................................................................ 0
    Water rates.................................................. 26
    Telephone (land line).................................... 25
    Mobile phone................................................. 5
    TV Licence................................................... 12
    Satellite/Cable TV........................................... 0
    Internet Services.......................................... 20 Needed for homework?
    Groceries etc. ............................................475
    Clothing..................................................... 75
    Petrol/diesel.................................................95
    Road tax.................................................... 15
    Car Insurance............................................. 14
    Car maintenance (including MOT)..................28
    Car parking.................................................. 0
    Other travel................................................. 0
    Childcare/nursery......................................... 0
    Other child related expenses...........................0
    Medical (prescriptions, dentist etc)................. 0
    Pet insurance/vet bills.................................22
    Buildings insurance..................................... 0
    Contents insurance..................................... 9
    Life assurance ........................................... 0
    Other insurance......................................... 0
    Presents (birthday, christmas etc)................ 0
    Hairdressing..............................................20 £30 (£10 per adult, £5 per child)
    Entertainment.............................................0
    Holiday................................................... 60
    Emergency fund........................................10
    Total monthly expenses......................... 1730

    Monthly Budget Summary
    Total monthly income......................... 1864
    Expenses ...........................................1730
    Surplus............................................... 134



    There are four of us oh, me and 2 boys (one age 11, one age 7).

    Any help much appreciated!

    Do you have breakdown cover?
    other than that's it's fine. I doesn't matter that you have a deficit once you take off the CB & DLA, that's good, it means they have much too far to go before they can get an IPA.
    Incommunicado ;)
  • dalip
    dalip Posts: 7,045 Forumite
    applepiencustard wrote: »
    Hi,

    I've got my court date next monday and am trying to finish the forms off. Could someone have a look at my income and expenditure and see if it looks ok? I've been told by payplan that i've to put the dla i receive for my eldest child who has a disability but that it will be disregarded as income as it is meant for him, this means that after taking out child benefit i'll have a deficit.

    Anway this is it:

    Statement of Income and Expenditure
    Monthly Income Details
    Monthly income after tax............................... 628
    Partners monthly income after tax..................... 0? no JSA ect
    Child Benefit................................................ 135
    CTC/WTC.....................................................831
    DLA (for eldest child).....................................270
    Total monthly income................................. 1864
    Monthly Expense Details
    Mortgage........................................................ 0
    Secured loan repayments................................. 0
    Rent........................................................... 607
    Management charge (leasehold property)........... 0
    Council tax................................................... 92
    Electricity..................................................... 60
    Gas............................................................. 60
    Oil................................................................ 0
    Water rates.................................................. 26
    Telephone (land line).................................... 25
    Mobile phone................................................. 5
    TV Licence................................................... 12
    Satellite/Cable TV........................................... 0
    Internet Services.......................................... 20unless needed for work it will have to come out of surplus
    Groceries etc. ............................................475
    Clothing..................................................... 75
    Petrol/diesel.................................................95
    Road tax.................................................... 15
    Car Insurance............................................. 14
    Car maintenance (including MOT)..................28
    Car parking.................................................. 0
    Other travel................................................. 0
    Childcare/nursery......................................... 0
    Other child related expenses...........................0
    Medical (prescriptions, dentist etc)................. 0
    Pet insurance/vet bills.................................22£20 max
    Buildings insurance..................................... 0
    Contents insurance..................................... 9
    Life assurance ........................................... 0
    Other insurance......................................... 0
    Presents (birthday, christmas etc)................ 0
    Hairdressing..............................................20
    Entertainment.............................................0
    Holiday................................................... 60
    Emergency fund........................................10not usually allowed
    Total monthly expenses......................... 1730

    Monthly Budget Summary
    Total monthly income......................... 1864
    Expenses ...........................................1730
    Surplus............................................... 134



    There are four of us oh, me and 2 boys (one age 11, one age 7).

    Any help much appreciated!

    You could up some of your allowances but i would leave it as it is.Dx
    Free impartial debt advice available from: National Debtline - Tel: 0808 808 4000 | The Consumer Credit Counselling Service (CCCS) - Tel: 0800 138 1111 | Find your local Citizens Advice Bureau
    Laugh at yourself and others laugh with you.Laugh at others and you laugh alone. BSC No 107:D
  • deedee_3
    deedee_3 Posts: 891 Forumite
    applepiencustard wrote: »
    Hi,

    I've got my court date next monday and am trying to finish the forms off. Could someone have a look at my income and expenditure and see if it looks ok? I've been told by payplan that i've to put the dla i receive for my eldest child who has a disability but that it will be disregarded as income as it is meant for him, this means that after taking out child benefit i'll have a deficit.

    Anway this is it:

    Statement of Income and Expenditure
    Monthly Income Details
    Monthly income after tax............................... 628 Who is going bankrupt you or your partner?
    Partners monthly income after tax..................... 0
    Child Benefit................................................ 135
    CTC/WTC.....................................................831
    DLA (for eldest child).....................................270
    Total monthly income................................. 1864
    Monthly Expense Details
    Mortgage........................................................ 0
    Secured loan repayments................................. 0
    Rent........................................................... 607
    Management charge (leasehold property)........... 0
    Council tax................................................... 92
    Electricity..................................................... 60
    Gas............................................................. 60
    Oil................................................................ 0
    Water rates.................................................. 26
    Telephone (land line).................................... 25
    Mobile phone................................................. 5 Is this really this low?
     TV Licence................................................... 12
    Satellite/Cable TV........................................... 0
    Internet Services.......................................... 20 Some OR's will allow this if it is needed for work. If not and mobile is that low put phone, mobile and internet together under phone.
    Groceries etc. ............................................475 £500
    Clothing..................................................... 75
    Petrol/diesel.................................................95
    Road tax.................................................... 15
    Car Insurance............................................. 14
    Car maintenance (including MOT)..................28 Make sure this is fully comp.
    Car parking.................................................. 0
    Other travel................................................. 0
    Childcare/nursery......................................... 0
    Other child related expenses...........................0
    Medical (prescriptions, dentist etc)................. 0 £20
    Pet insurance/vet bills.................................22
    Buildings insurance..................................... 0
    Contents insurance..................................... 9 make sure htis has accidental damage.
    Life assurance ........................................... 0
    Other insurance......................................... 0
    Presents (birthday, christmas etc)................ 0
    Hairdressing..............................................20
    Entertainment.............................................0
    Holiday................................................... 60
    Emergency fund........................................10 Not allowed
    Total monthly expenses......................... 1730

    Monthly Budget Summary
    Total monthly income......................... 1864
    Expenses ...........................................1730
    Surplus............................................... 134



    There are four of us oh, me and 2 boys (one age 11, one age 7).

    Any help much appreciated!

    Breakdown cover?

    Make sure your insurances are bankrupt friendly.
    Namaste DeeDee x
  • nic_santorini
    nic_santorini Posts: 801 Forumite
    you say there is 4 of you - then say you and 2 kids - i make that 3, if there is a partner - why are they not working?
    Food and Smellies Shop target £50 pw - managed average of £49 per week in 2013 down to £38.90 per week in 2016
  • deedee_3
    deedee_3 Posts: 891 Forumite
    nic_santorini wrote: »
    you say there is 4 of you - then say you and 2 kids - i make that 3, if there is a partner - why are they not working?

    This what she says

    There are four of us oh, me and 2 boys (one age 11, one age 7).

    I make that 4.

    I am assuming that the wage is her partners and she has put it in the wrong place but I am sure she will be make to confirm.
    Namaste DeeDee x
  • applepiencustard
    applepiencustard Posts: 52 Forumite
    Hi everyone, whew overwhelmed, went offline for an hour to see to my youngest who is off school ill with tonsilitus and came back on not really expecting anything and there you all are! Thanks!

    Anyway, to clarify, yes internet is for homework, mobile really is that low (i have a pay as you go and only use it if i breakdown or am really, really late for work etc).

    And it is only me going bankrupt, oh is not, although he should. I've posted my situation a few weeks ago but to clarify he does not claim anything, nothing, thinks its beneath him despite suffering from some ill health and me begging him to claim sickness or SOMETHING! just to help out but no he much prefers being a financial burden. Sorry i'm feeling fed up about it all and scared and lonely and extremely sorry for myself at the moment. But br is my first step to a new, bright, shiny future (please!) and i'm not sure there will be room for him.

    Thanks all of you for your help, don't think i could do this without you!
    Life may not be the party we hoped for
    But while we're here, we should dance.....:j
    BR Date 19.01.09
    :hello:
  • dalip
    dalip Posts: 7,045 Forumite
    Hey sweetheart you are bound to feel like that.My OH was about as much use as a sore p***k at a wedding when i went bc,so i know how scarey and lonely it feels. Just keep posting and sharing with us,it does make it a little easier to be able to share/talk to others who understand all the in's and out's of bc, not just the paperwork.Dx
    Free impartial debt advice available from: National Debtline - Tel: 0808 808 4000 | The Consumer Credit Counselling Service (CCCS) - Tel: 0800 138 1111 | Find your local Citizens Advice Bureau
    Laugh at yourself and others laugh with you.Laugh at others and you laugh alone. BSC No 107:D
  • philnicandamy
    philnicandamy Posts: 15,685 Forumite
    10,000 Posts Combo Breaker
    dalip wrote: »
    Hey sweetheart you are bound to feel like that.My OH was about as much use as a sore p***k at a wedding when i went bc,so i know how scarey and lonely it feels. Just keep posting and sharing with us,it does make it a little easier to be able to share/talk to others who understand all the in's and out's of bc, not just the paperwork.Dx

    ditto.......:D

    one things for sure......your not alone here
    We all die. The goal isn't to live forever, the goal is to create something that will
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