About to go bankrupt

JCS1

Help_needed wrote: »

Here is the list i have made so far.

Rent £450
Life Insurance £13 Will be an asset in your bankruptcy, OR will go through your options
Mobile phone £55
TV licence 0 £12
Petrol £50
Car MOT & service £17
Car tax £17
Car insurance £50
Car repairs £20
Bank insurance £8 What is this for? You will probably have to change bank account to either Barclays or Co-Op, so this won't be needed
Maintenance £238 Is this CSA/Court set? Does this then lead to other child related expenses
Sky £17 hads to come from your surplus
Internet £35 has to come from your surplus unless you can demonstrate needed for work
Cigarettes £80 Not allowed
House keeping £195
Clothing £20 Up to £40-50
Dentist £10
Christmas £15 Not allowed

Birthdays £15 Not allowed

Total £1305
Income £ 1340

Please can you let me know whats not allowed....

Thanks :mad:

Assume for one person? Put holidays of £30-40 p/m which will then cover Christmas/Birthdays.

Any professional memberships? Dry Cleaning? Prescriptions?

Cigarettes not considered essential and most come out of your surplus.

fiveyearplan

shadowdragon wrote: »

Hi FYP you dont have that IPA table that shows the percentages repayment over surplus do you for the OP?

No, sorry I don't know where to find that. Phil was usually pretty quick to post that. I think Don79 might have it to hand though.

shadowdragon

Help_needed wrote: »

Here is the list i have made so far.

Rent £450
Life Insurance £13
Mobile phone £55
TV licence 0 £12 for this (might be 13 now) you have to have a liecence if you have sky :A
Petrol £50
Car MOT & service £17 add car repairs to this and remove that.
Car tax £17
Car insurance £50
Car repairs £20
Bank insurance £8
Maintenance £238
Sky £17
Internet £35
Cigarettes £80
House keeping £195 Up this a bit thats less than 50 per week, remember you need to eat and be clean and clean up after yourself.
Clothing £20
Dentist £10
Christmas £15

Birthdays £15

Total £1305
Income £ 1340

Please can you let me know whats not allowed....

Thanks :mad:

Added my two penneth

yellowmonkey

Only thing I could find. Hope it helps

1st Column=SURPLUS INCOME
2nd Column=AMOUNT TO BE PAID
3rd Column=% OF DISPOSABLE INCOME


50 Nil
60 Nil
70 Nil
80 Nil
90 Nil
100 £50 50%
110 55 50
120 60 50
130 65 50
140 70 50
150 75 50
160 80 50
170 85 50
180 90 50
190 95 50
200 100 50
210 105 50
220 110 50
230 115 50
240 120 50
250 150 60
260 156 60
270 162 60
280 168 60
290 174 60
300 180 60
310 186 60
320 192 60
330 198 60
340 204 60
350 231 66
360 238 66
370 244 66
380 251 66
390 257 66
400 264 66
410 271 66
420 277 66
430 284 66
440 290 66
450 297 66
460 304 66
470 310 66
480 317 66
490 323 66
500 350 70
510 357 70
520 364 70
530 371 70
540 378 70
550 385 70
560 392 70
570 399 70
580 406 70
590 413 70
600 420 70

ym

december

Had a quick look at your SOA and how about car breakdown cover and any prescriptions?

December

december

Here's the table

Help_needed

Morning everyone.

Sorry it is child maintenance CSA £238 pm.
Is there anything else i can put on list.

Help_needed

I have revised my soa!!!!

Rent £450
House keeping £195
Life Insurance £13
Mobile phone £55
Petrol £50
Car MOT & service £37
Car tax £17
Car insurance £50
Child Maintenance £238
Hair dressers £10
Clothing £30
Dentist £10
Prescriptions £7
Opticians £10
Holiday £30

Total £1202
Income £ 1340

Is this any better )

restofmylife

What about Gas and Electricity, Council Tax, Water, Domestic Holiday change to 50, Clothing change to £60 (i was allowed 157 for clothes 2 adults 2 kids). Put your mobile on to read just phone as it looks better OR doesn't allow mobile.

Help_needed

I share a house so all house hold bill are included in my rent.

Im single but have one child who live with his mother. I still buy clothes and other stuff for him..