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My SOA

Hi guys,

Would you please mind looking over my SOA.

I dont know how to load it on here so here is the link to it. It should open in word.

Thanks


Ollie

http://rapidshare.com/files/234433406/soa2.doc
«1

Comments

  • Merry_Gentry
    Merry_Gentry Posts: 3,627 Forumite
    edited 18 May 2009 at 5:09PM
    Your link isn't working for me. Try completing it here: http://www.makesenseofcards.co.uk/soacalc.html

    Click the format for MSE and paste it.
    Get free advice before embarking on bankruptcy: CCCS 0800 138 1111 National Debtline 0808 808 4000
    Business Debt Line 0800 197 6026 CAB Insolvency Service- 0845 602 9848
    "He who laughs last didn't get it!" :rotfl:BSC 134

  • StuntmanBob
    StuntmanBob Posts: 273 Forumite
    The one here is "standard" and when you're done you can cut and paste the whole thing into your thread. Personally I wouldn't post the word document (it includes your car registration number by the way).
    http://www.makesenseofcards.com/soacalc.html

    As regards this:

    SKY £60 won't be allowed

    VODAFONE £60 - seems very high - unlikely to be allowed

    HUGHES £ 52 - say what this is for

    SOCIALISING £65 - won't be allowed


    THE TOTAL HOUSEHOLD OUTGOINGS ARE £1700 - irrelevant. Your SoA should detail your income and expenditure. Seems odd to me that your rent is so low, no utility bills, etc. I suggest you work more on your SoA using the calculator link above.
  • Merry_Gentry
    Merry_Gentry Posts: 3,627 Forumite
    spam
    dont know how to report it

    Holes, it's not spam, it just that the private document doesn't open - just the filesharing place s/he set it up.
    Get free advice before embarking on bankruptcy: CCCS 0800 138 1111 National Debtline 0808 808 4000
    Business Debt Line 0800 197 6026 CAB Insolvency Service- 0845 602 9848
    "He who laughs last didn't get it!" :rotfl:BSC 134

  • StuntmanBob
    StuntmanBob Posts: 273 Forumite
    edited 18 May 2009 at 5:16PM
    spam
    dont know how to report it

    It's not spam - the links all work and do point to an SoA which I'm looking at now. However to the OP posting a link to a Word doc isn't a good idea!

    EDIT: Oliver, your word doc contains just enough information for me to have found your full name and address using Google - you really should be more careful!
  • ollie2008uk
    ollie2008uk Posts: 132 Forumite
    It's not spam - the links all work and do point to an SoA which I'm looking at now. However to the OP posting a link to a Word doc isn't a good idea!

    EDIT: Oliver, your word doc contains just enough information for me to have found your full name and address using Google - you really should be more careful!

    Thanks for that. I didnt realise that.
  • Ollie, please use the SOA that the others have linked to, format to MSE and copy and paste it here so we can check it for you.
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
  • ollie2008uk
    ollie2008uk Posts: 132 Forumite
    edited 18 May 2009 at 5:42PM
    Ok here we go. Take 2!!

    Statement of Affairs and Personal Balance Sheet
    Household Information

    Number of adults in household........... 2
    Number of children in household......... 0
    Number of cars owned.................... 1
    Monthly Income Details

    Monthly income after tax................ 780
    Partners monthly income after tax....... 0
    Benefits................................ 0
    Other income............................ 0
    Total monthly income.................... 780

    Monthly Expense Details

    Mortgage................................ 330
    Secured/HP loan repayments.............. 0
    Rent.................................... 0
    Management charge (leasehold property).. 55
    Council tax............................. 60
    Electricity............................. 20
    Gas..................................... 20
    Oil..................................... 0
    Water rates............................. 0
    Telephone (land line)................... 10
    Mobile phone............................ 40
    TV Licence.............................. 6
    Satellite/Cable TV...................... 30
    Internet Services....................... 5
    Groceries etc. ......................... 125
    Clothing................................ 25
    Petrol/diesel........................... 20
    Road tax................................ 5
    Car Insurance........................... 10
    Car maintenance (including MOT)......... 5
    Car parking............................. 0
    Other travel............................ 0
    Childcare/nursery....................... 0
    Other child related expenses............ 0
    Medical (prescriptions, dentist etc).... 0
    Pet insurance/vet bills................. 4
    Buildings insurance..................... 0
    Contents insurance...................... 6
    Life assurance ......................... 18
    Other insurance......................... 5
    Presents (birthday, christmas etc)...... 10
    Haircuts................................ 0
    Entertainment........................... 30
    Holiday................................. 10
    Emergency fund.......................... 25
    Total monthly expenses.................. 874


    Assets

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


    Secured & HP Debts

    Description....................Debt......Monthly...APR
    Mortgage...................... 121635...(330)......3.38
    Total secured & HP debts...... 121635....-.........-

    Unsecured Debts
    Description....................Debt......Monthly...APR
    hsbc cc........................7135......0.........0
    hsbc loan......................9082......0.........0
    virgin.........................6666......0.........0
    hsbc od........................1514......0.........0
    capital one....................355.......0.........0
    barclay card...................1051......0.........0
    Total unsecured debts..........25783.....0.........-


    Monthly Budget Summary

    Total monthly income.................... 780
    Expenses (including HP & secured debts). 874
    Available for debt repayments........... -94
    Monthly UNsecured debt repayments....... 0
    Amount short for making debt repayments. -94

    Personal Balance Sheet Summary
    Total assets (things you own)........... 0
    Total HP & Secured debt................. -121,635
    Total Unsecured debt.................... -25,783
    Net Assets.............................. -147,418

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


    You may notice all the 0's by the debts etc thats because i dont pay them.
  • Merry_Gentry
    Merry_Gentry Posts: 3,627 Forumite
    Ok here we go. Take 2!!

    Statement of Affairs and Personal Balance Sheet
    Household Information

    Number of adults in household........... 2
    Number of children in household......... 0
    Number of cars owned.................... 1
    Monthly Income Details

    Monthly income after tax................ 780
    Partners monthly income after tax....... 0
    Benefits................................ 0
    Other income............................ 0
    Total monthly income.................... 780

    Monthly Expense Details

    Mortgage................................ 330
    Secured/HP loan repayments.............. 0
    Rent.................................... 0
    Management charge (leasehold property).. 55
    Council tax............................. 60
    Electricity............................. 20
    Gas..................................... 20
    Oil..................................... 0
    Water rates............................. 0
    Telephone (land line)................... 10
    Mobile phone............................ 40 - move to landline - OR won't allow this much for mobile
    TV Licence.............................. 6 - normally £12 per month? :confused:
    Satellite/Cable TV...................... 30 - would have to come out of your surplus
    Internet Services....................... 5 - unless required for work/kids would have to come out of your surplus
    Groceries etc. ......................... 125
    Clothing................................ 25
    Petrol/diesel........................... 20
    Road tax................................ 5
    Car Insurance........................... 10
    Car maintenance (including MOT)......... 5
    Car parking............................. 0
    Other travel............................ 0
    Childcare/nursery....................... 0
    Other child related expenses............ 0
    Medical (prescriptions, dentist etc).... 0
    Pet insurance/vet bills................. 4
    Buildings insurance..................... 0
    Contents insurance...................... 6
    Life assurance ......................... 18 - would need to buy this from the OR or start afresh
    Other insurance......................... 5
    Presents (birthday, christmas etc)...... 10
    Haircuts................................ 0
    Entertainment........................... 30 - not allowed
    Holiday................................. 10
    Emergency fund.......................... 25 - not allowed
    Total monthly expenses.................. 874


    You haven't included a contribution from your OH?
    Get free advice before embarking on bankruptcy: CCCS 0800 138 1111 National Debtline 0808 808 4000
    Business Debt Line 0800 197 6026 CAB Insolvency Service- 0845 602 9848
    "He who laughs last didn't get it!" :rotfl:BSC 134

  • ollie2008uk
    ollie2008uk Posts: 132 Forumite
    Thats where i'm confused. Thats my half of the running of the house. My partner pays the other half of everything on the list. She also has her own debt and all her income is taken by her debt.
  • beentheredonethatstilhere
    beentheredonethatstilhere Posts: 968 Forumite
    edited 18 May 2009 at 5:51PM
    Just a quickie, you say there are 2 adults in the house, is this your partner? Have you divided all the bills by half?

    EDIT to say seen your reply
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
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