Help with an SOA

CJV_2

Hi,

This is my SOA, my situation is this: my partner and I share a building with my parents, but we live seperately, we have seperate kitchen, bathroom etc. I have calculated my partners income as the contribution that my parents and my partner make towards the household bills which we split 50:50 per couple, (I don't pay towards these as I stay at home to look after our son, and only earn £81 a week). As far as groceries are concerned there is no connection between my parents and ours, so I have not added theirs in, the £400 is for my partner, myself, my son and my dog, so I am including pet food, nappies, etc in with this amount, but I'm worried it will seem too high?
Can anybody out there spare me a moment to peruse it and let me know whether I have this totally wrong?
Thanks in advance.

Statement of Affairs and Personal Balance Sheet
Household Information
Number of adults in household........... 4
Number of children in household......... 1
Number of cars owned....................
Monthly Income Details
Monthly income after tax................ 324
Partners monthly income after tax....... 1460
Benefits................................ 125
Other income............................ 0
Total monthly income.................... 1909
Monthly Expense Details
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 800
Management charge (leasehold property).. 0
Council tax............................. 132
Electricity............................. 80
Gas..................................... 80
Oil..................................... 0
Water rates............................. 53
Telephone (land line)................... 60
Mobile phone............................ 20
TV Licence.............................. 12
Satellite/Cable TV...................... 0
Internet Services....................... 0
Groceries etc. ......................... 400
Clothing................................ 36
Petrol/diesel........................... 0
Road tax................................ 0
Car Insurance........................... 0
Car maintenance (including MOT)......... 0
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 40
Medical (prescriptions, dentist etc).... 15
Pet insurance/vet bills................. 30
Buildings insurance..................... 0
Contents insurance...................... 48
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 0
Haircuts................................ 20
Entertainment........................... 0
Holiday................................. 0
Emergency fund.......................... 0
Total monthly expenses.................. 1826

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

No Secured nor Hire Purchase Debts
Unsecured Debts
Description....................Debt......Monthly...APR
HSBC Loan......................12075.....256.......0
Egg Card.......................2185......60........0
Abbey..........................2085......55........0
Three Mobile...................270.......30........0
Total unsecured debts..........16615.....401.......-

Monthly Budget Summary
Total monthly income.................... 1,909
Expenses (including HP & secured debts). 1,826
Available for debt repayments........... 83
Monthly UNsecured debt repayments....... 401
Amount short for making debt repayments. -318
Personal Balance Sheet Summary
Total assets (things you own)........... 0
Total HP & Secured debt................. -0
Total Unsecured debt.................... -16,615
Net Assets.............................. -16,615

tigerfeet2006

CJV wrote: »

Hi,

This is my SOA, my situation is this: my partner and I share a building with my parents, but we live seperately, we have seperate kitchen, bathroom etc. I have calculated my partners income as the contribution that my parents and my partner make towards the household bills which we split 50:50 per couple, (I don't pay towards these as I stay at home to look after our son, and only earn £81 a week). As far as groceries are concerned there is no connection between my parents and ours, so I have not added theirs in, the £400 is for my partner, myself, my son and my dog, so I am including pet food, nappies, etc in with this amount, but I'm worried it will seem too high?
Can anybody out there spare me a moment to peruse it and let me know whether I have this totally wrong?
Thanks in advance.

Statement of Affairs and Personal Balance Sheet
Household Information
Number of adults in household........... 4
Number of children in household......... 1
Number of cars owned....................
Monthly Income Details
Monthly income after tax................ 324
Partners monthly income after tax....... 1460
Benefits................................ 125
Other income............................ 0
Total monthly income.................... 1909
Monthly Expense Details
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 800
Management charge (leasehold property).. 0
Council tax............................. 132
Electricity............................. 80
Gas..................................... 80
Oil..................................... 0
Water rates............................. 53
Telephone (land line)................... 60
Mobile phone............................ 20 put this with phone max £60 for both
TV Licence.............................. 12
Satellite/Cable TV...................... 0
Internet Services....................... 0
Groceries etc. ......................... 400 £450
Clothing................................ 36 £80 for you and DC
Petrol/diesel........................... 0
Road tax................................ 0
Car Insurance........................... 0
Car maintenance (including MOT)......... 0
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 40
Medical (prescriptions, dentist etc).... 15
Pet insurance/vet bills................. 30 this is a bit high and may be cut to £20 but leave and see.
Buildings insurance..................... 0
Contents insurance...................... 48
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 0
Haircuts................................ 20 £15, £10 for you £5 for DC
Entertainment........................... 0
Holiday................................. 0£60
Emergency fund.......................... 0
Total monthly expenses.................. 1826

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

No Secured nor Hire Purchase Debts
Unsecured Debts
Description....................Debt......Monthly...APR
HSBC Loan......................12075.....256.......0
Egg Card.......................2185......60........0
Abbey..........................2085......55........0
Three Mobile...................270.......30........0
Total unsecured debts..........16615.....401.......-

Monthly Budget Summary
Total monthly income.................... 1,909
Expenses (including HP & secured debts). 1,826
Available for debt repayments........... 83
Monthly UNsecured debt repayments....... 401
Amount short for making debt repayments. -318
Personal Balance Sheet Summary
Total assets (things you own)........... 0
Total HP & Secured debt................. -0
Total Unsecured debt.................... -16,615
Net Assets.............................. -16,615

Do you use bus or taxi at all to get about?

Those are my initial comments, hope some of that helps.

CJV_2

Tigerfeet, You are the best! Thank you!

This might sound vaguely naive, but my court date is booked for Thursday, what actually happens when you get there? Will I speak to a judge? I'm petrified right now!

CJV_2

Statement of Affairs and Personal Balance Sheet
Household Information
Number of adults in household........... 4
Number of children in household......... 1
Number of cars owned....................
Monthly Income Details
Monthly income after tax................ 324
Partners monthly income after tax....... 1460
Benefits................................ 125
Other income............................ 0
Total monthly income.................... 1909
Monthly Expense Details
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 800
Management charge (leasehold property).. 0
Council tax............................. 132
Electricity............................. 80
Gas..................................... 80
Oil..................................... 0
Water rates............................. 53
Telephone (land line)................... 80
Mobile phone............................ 0
TV Licence.............................. 12
Satellite/Cable TV...................... 0
Internet Services....................... 0
Groceries etc. ......................... 450
Clothing................................ 80
Petrol/diesel........................... 0
Road tax................................ 0
Car Insurance........................... 0
Car maintenance (including MOT)......... 0
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 40
Medical (prescriptions, dentist etc).... 15
Pet insurance/vet bills................. 30
Buildings insurance..................... 0
Contents insurance...................... 48
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 0
Haircuts................................ 15
Entertainment........................... 0
Holiday................................. 60
Emergency fund.......................... 0
Total monthly expenses.................. 1975

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

No Secured nor Hire Purchase Debts
Unsecured Debts
Description....................Debt......Monthly...APR
HSBC Loan......................12075.....256.......0
Egg Card.......................2185......60........0
Abbey..........................2085......55........0
Three Mobile...................270.......30........0
Total unsecured debts..........16615.....401.......-

Monthly Budget Summary
Total monthly income.................... 1,909
Expenses (including HP & secured debts). 1,975
Available for debt repayments........... -66
Monthly UNsecured debt repayments....... 401
Amount short for making debt repayments. -467
Personal Balance Sheet Summary
Total assets (things you own)........... 0
Total HP & Secured debt................. -0
Total Unsecured debt.................... -16,615
Net Assets.............................. -16,615
permission, using IE browser.[/i]

This is the revised version, does it seem better or should I adjust it so that we do not appear to be in total deficit?

tigerfeet2006

Each court operates slightly differently but normally you will arrive and go to the desk, have your forms checked, any alterations made and initialed, sign the papers, then you will either swear an oath or on the bible that what you have written is true and then pay your fees. Your papers are then sent to the judge who will either sign and stamp the BO and send the back or ask to see you for a moment. If he does that, then you go to an office (very rarely the court room) and he usually wants to know if you understand what you are doing. The max you are in there for is usually a minute or two, so don't panic. You will then go back down to the clerk and they will type up the order, then you will either have a quickconversation with someone at the OR's office or they will ring your within the week. You are then free to go on to your debt free life.

That's it generally, but as I said every court is slightly different, but hopefully I have set your mind at rest a bit.

tigerfeet2006

Adjust the SOA so you do not appear in such a deficit. Maybe just take holidays off.