A Few Q's, got my date......

dottydora

I'll get the income and expenditure done tomorrow, but heads battered thinking about it all! I was thinking of putting £400 pm done for food, equating to £100 p/w, would that sound unreasonable? I bet we do spend something close to that, with all the bits and bobs!
[/QUOTE]

BTW, that sounds reasonable to me.

Merlinexcalibur

I think DottyDora you have misread. I was referring to Cableguy 12 and the comment about tightening up on food. To ensure bills got paid. Anyway, carry on. So whatever you think you saw just then wasn't.

you can keep the sky even if you was bankrupt and you applied for sky you would still get as they dont credit check you, as for bills etc be honest but food should be tighter than normal, if you owe no money to abbey they should not freeze the account, ask then to convert it to a basic account, condition of bankruptcy is to have no credit available so cancel the overdraft,

Self explicit really what my reply was actually about. Never mind. Continue to give the OP whatever advice they need.

northernmonkey0_0

No worries people, I think a lot of it's me anyway, i'm a ickle bit touchy at the mo lol!

Thanks everyone for your comments so far.

dottydora

Merlinexcalibur wrote: »

I think DottyDora you have misread. I was referring to Cableguy 12 and the comment about tightening up on food. To ensure bills got paid. Anyway, carry on. So whatever you think you saw just then wasn't.

Now I'm really confused. I thought your response to cable guy was a joke as I didn't think it was reasonable to tighten up on food! Hence my laughing at your comment about starving to pay the bills. If I did infact misread this and that wasn't what it was all about sorry!

Lost2

Hi northernmonkey, not sure about your daughters account but
I would imagine that it is her money and it's you and your OH
that are going BR and not her
I had put my Union Fees on my forms and OR said nothing

beentheredonethatstilhere

Make sure you take professonal advice from one of the debt charites before you go bankrupt as the court may send you away until you have.

This is the lnk to the SOA template. Format it to MSE and then copy and paste t into a thread and the excellent people here will check it over for you.

http://www.makesenseofcards.co.uk/soacalc.html

northernmonkey0_0

regarding the bank account issue, can i open a Co-op acc before going BR to have my wages paid in? This would be handy as i can supply work with the correct digits for BACS payment, or would this get frozen too?

beentheredonethatstilhere

Yes you can. The Co-op are very bankrupt friendly and don't freeze accounts.

The only time there has been a problem that I can recall on here are with people going bankrupt in Brighton and that is down to the OR's office.

northernmonkey0_0

Thanks everyone for your help so far. I don't really understand this so if someone could help, that'll be great. What i've done, is due to the fact that we have a joint account, get paid on the same day, i just halved everything down the middle (except wages) all house bills anyway!

If people think i'm going over the top on things, or not enough on others, then please feel free to alter it, a the end of the day, we want a little hassle from the OR as poss!

Many Thanks.

Mine:
Statement of Affairs and Personal Balance Sheet

Household Information
Number of adults in household........... 2
Number of children in household......... 1
Number of cars owned.................... 1

Monthly Income Details
Monthly income after tax................ 2021
Partners monthly income after tax....... 0
Benefits................................ 0
Other income............................ 0
Total monthly income.................... 2021

Monthly Expense Details
Mortgage................................ 383
Secured/HP loan repayments.............. 0
Rent.................................... 0
Management charge (leasehold property).. 0
Council tax............................. 60
Electricity............................. 27
Gas..................................... 15
Oil..................................... 0
Water rates............................. 25
Telephone (land line)................... 17.5
Mobile phone............................ 40
TV Licence.............................. 6
Satellite/Cable TV...................... 32.5
Internet Services....................... 5
Groceries etc. ......................... 200
Clothing................................ 30
Petrol/diesel........................... 50
Road tax................................ 20
Car Insurance........................... 30.65
Car maintenance (including MOT)......... 50
Car parking............................. 10
Other travel............................ 0
Childcare/nursery....................... 100
Other child related expenses............ 100
Medical (prescriptions, dentist etc).... 50
Pet insurance/vet bills................. 20
Buildings insurance..................... 7
Contents insurance...................... 7
Life assurance ......................... 10
Other insurance......................... 0
Presents (birthday, christmas etc)...... 20
Haircuts................................ 10
Entertainment........................... 50
Holiday................................. 30
Emergency fund.......................... 30
Total monthly expenses.................. 1435.65


Assets
Cash.................................... 0
House value (Gross)..................... 65000
Shares and bonds........................ 0
Car(s).................................. 800
Other assets............................ 0
Total Assets............................ 65800


Secured & HP Debts
Description....................Debt......Monthly...APR
Mortgage...................... 69000....(383)......0
Total secured & HP debts...... 69000.....-.........-

Unsecured Debts
Description....................Debt......Monthly...APR
All Debt.......................29764.8...0.........0
Total unsecured debts..........29764.8...0.........-


Monthly Budget Summary
Total monthly income.................... 2,021
Expenses (including HP & secured debts). 1,435.65
Available for debt repayments........... 585.35
Monthly UNsecured debt repayments....... 0
Amount left after debt repayments....... 585.35

Personal Balance Sheet Summary
Total assets (things you own)........... 65,800
Total HP & Secured debt................. -69,000
Total Unsecured debt.................... -29,764.8
Net Assets.............................. -32,964.8


Other Half's:


Statement of Affairs and Personal Balance Sheet

Household Information
Number of adults in household........... 2
Number of children in household......... 1
Number of cars owned.................... 1

Monthly Income Details
Monthly income after tax................ 770
Partners monthly income after tax....... 0
Benefits................................ 80
Other income............................ 10
Total monthly income.................... 860

Monthly Expense Details
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 0
Management charge (leasehold property).. 0
Council tax............................. 60
Electricity............................. 27
Gas..................................... 20
Oil..................................... 0
Water rates............................. 25
Telephone (land line)................... 10
Mobile phone............................ 35
TV Licence.............................. 6
Satellite/Cable TV...................... 32.5
Internet Services....................... 5
Groceries etc. ......................... 200
Clothing................................ 30
Petrol/diesel........................... 50
Road tax................................ 20
Car Insurance........................... 22.18
Car maintenance (including MOT)......... 50
Car parking............................. 5
Other travel............................ 0
Childcare/nursery....................... 100
Other child related expenses............ 50
Medical (prescriptions, dentist etc).... 20
Pet insurance/vet bills................. 20
Buildings insurance..................... 7
Contents insurance...................... 7
Life assurance ......................... 10
Other insurance......................... 0
Presents (birthday, christmas etc)...... 20
Haircuts................................ 10
Entertainment........................... 50
Holiday................................. 30
Emergency fund.......................... 30
Total monthly expenses.................. 951.68


Assets
Cash.................................... 0
House value (Gross)..................... 65000
Shares and bonds........................ 0
Car(s).................................. 500
Other assets............................ 0
Total Assets............................ 65500


Secured & HP Debts
Description....................Debt......Monthly...APR
Mortgage...................... 68000....(0)........0
Total secured & HP debts...... 68000.....-.........-

Unsecured Debts
Description....................Debt......Monthly...APR
All Debt.......................19758.2...0.........0
Total unsecured debts..........19758.2...0.........-


Monthly Budget Summary
Total monthly income.................... 860
Expenses (including HP & secured debts). 951.68
Available for debt repayments........... -91.68
Monthly UNsecured debt repayments....... 0
Amount short for making debt repayments. -91.68

Personal Balance Sheet Summary
Total assets (things you own)........... 65,500
Total HP & Secured debt................. -68,000
Total Unsecured debt.................... -19,758.2
Net Assets.............................. -22,258.2

spenderblender

Hi Northernmonkey. just a couple of questions please. How have you managed to keep a bank account with an overdraft when you entered into an IVA as this should have been put into it and your account closed.
And, have you got your failure certificate to go to court with as most courts from what I can gather will require this after being in an IVA.