We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Help bulking out expenditure

13»

Comments

  • Excellent. Is your insurance fully comp? Essential if you are BR.

    Put the £6 in with MOT and maintenance. Put it at £35, I think I said £30.


    Ok sounds good :)
  • expensive oil at £20 a go though.....not a good sign for the poor car if its using that much in a month or two

    Tell me about it! I think it was £20 anyway might be £15, but in either case still costing me a fortune and the garage cant see why its using so much! They think its just age, it is R reg which to me isnt even that old! But spose it is 12 years old now haha
  • peachyprice
    peachyprice Posts: 22,346 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    In the outgoings page after i add everything up i still have quite alot left over a month (but this does not include current payments i make to creditors) and fear this will get it rejected,
    Please help:huh:

    Hi Wendy, back to your original post, BR won't get rejected just because there will be a large surplus post BR. The judge will only look at your income and assets compared to the size of your debts. Going BR is supposed to leave you in a much better position, so from that point of view it's OK that you'll have lots lever over once you've done the deed.:D

    Obviously you'll want to allow for every eventuality and have as low IPA as possible though.
    Accept your past without regret, handle your present with confidence and face your future without fear
  • Hi Wendy, back to your original post, BR won't get rejected just because there will be a large surplus post BR. The judge will only look at your income and assets compared to the size of your debts. Going BR is supposed to leave you in a much better position, so from that point of view it's OK that you'll have lots lever over once you've done the deed.:D

    Obviously you'll want to allow for every eventuality and have as low IPA as possible though.

    Thanks very much, thats reassuring :j
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352K Banking & Borrowing
  • 253.5K Reduce Debt & Boost Income
  • 454.2K Spending & Discounts
  • 245K Work, Benefits & Business
  • 600.6K Mortgages, Homes & Bills
  • 177.4K Life & Family
  • 258.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.