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SOA after BR

larzie30
larzie30 Posts: 233 Forumite
Part of the Furniture Combo Breaker
in Bankruptcy & living with it
Statement of Affairs and Personal Balance Sheet
Household Information
Number of adults in household........... 3
Number of children in household......... 0
Number of cars owned.................... 0
Monthly Income Details
Monthly income after tax................ 1450
Partners monthly income after tax....... 0
Benefits................................ 0
Other income............................ 0
Total monthly income.................... 1450
Monthly Expense Details
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 300 (live with my folks so all bills included in this)
Management charge (leasehold property).. 0
Council tax............................. 0
Electricity............................. 0
Gas..................................... 0
Oil..................................... 0
Water rates............................. 0
Telephone (land line)................... 0
Mobile phone............................ 39
TV Licence.............................. 0
Satellite/Cable TV...................... 0
Internet Services....................... 0
Groceries etc. ......................... 200
Clothing................................ 45
Petrol/diesel........................... 180 (I live 30 miles away from work)
Road tax................................ 10
Car Insurance........................... 33
Car maintenance (including MOT)......... 20
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 12.5
Pet insurance/vet bills................. 32 (this is for 2 dogs and is the cheapest that I can get)
Buildings insurance..................... 0
Contents insurance...................... 0
Life assurance ......................... 0
Other insurance......................... 9.5
Presents (birthday, christmas etc)...... 10
Haircuts................................ 15
Entertainment........................... 0
Holiday................................. 40
Emergency fund.......................... 0
Total monthly expenses.................. 946

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
Total unsecured debts..........0.........0.........-

Monthly Budget Summary
Total monthly income.................... 1,450
Expenses (including HP & secured debts). 946
Available for debt repayments........... 504
Monthly UNsecured debt repayments....... 0
Amount left after debt repayments....... 504
Personal Balance Sheet Summary
Total assets (things you own)........... 0
Total HP & Secured debt................. -0
Total Unsecured debt.................... -0
Net Assets.............................. 0
Created using the SOA calculator at www.makesenseofcards.com.
Reproduced on Moneysavingexpert with permission, using IE browser.

I think that this would be my soa after br, does it seem about right?
Bankrupt 10.50hrs 27th August 2009. Big fan of this forum because people are so helpful.

Comments

  • philnicandamy
    philnicandamy Posts: 15,685 Forumite
    10,000 Posts Combo Breaker
    larzie30 wrote: »
    Statement of Affairs and Personal Balance Sheet
    Household Information
    Number of adults in household........... 3
    Number of children in household......... 0
    Number of cars owned.................... 0
    Monthly Income Details
    Monthly income after tax................ 1450
    Partners monthly income after tax....... 0
    Benefits................................ 0
    Other income............................ 0
    Total monthly income.................... 1450
    Monthly Expense Details
    Mortgage................................ 0
    Secured/HP loan repayments.............. 0
    Rent.................................... 300 (live with my folks so all bills included in this)
    Management charge (leasehold property).. 0
    Council tax............................. 0
    Electricity............................. 0
    Gas..................................... 0
    Oil..................................... 0
    Water rates............................. 0
    Telephone (land line)................... 0
    Mobile phone............................ 39
    TV Licence.............................. 0
    Satellite/Cable TV...................... 0
    Internet Services....................... 0
    Groceries etc. ......................... 200
    Clothing................................ 45
    Petrol/diesel........................... 180 (I live 30 miles away from work) Receiver may ask for proof...
    Road tax................................ 10
    Car Insurance........................... 33
    Car maintenance (including MOT)......... 20
    Car parking............................. 0
    Other travel............................ 0
    Childcare/nursery....................... 0
    Other child related expenses............ 0
    Medical (prescriptions, dentist etc).... 12.5 £10
    Pet insurance/vet bills................. 32 (this is for 2 dogs and is the cheapest that I can get) £20 thats the limit the OR will allow...
    Buildings insurance..................... 0
    Contents insurance...................... 0 NO insurance at all? you'd need accidental damage cover
    Life assurance ......................... 0
    Other insurance......................... 9.5 whats this for?
    Presents (birthday, christmas etc)...... 10 Not usually allowed
    Haircuts................................ 15
    Entertainment........................... 0
    Holiday................................. 40
    Emergency fund.......................... 0
    Total monthly expenses.................. 946

    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
    Total unsecured debts..........0.........0.........-

    Monthly Budget Summary
    Total monthly income.................... 1,450
    Expenses (including HP & secured debts). 946
    Available for debt repayments........... 504
    Monthly UNsecured debt repayments....... 0
    Amount left after debt repayments....... 504
    Personal Balance Sheet Summary
    Total assets (things you own)........... 0
    Total HP & Secured debt................. -0
    Total Unsecured debt.................... -0
    Net Assets.............................. 0
    Created using the SOA calculator at www.makesenseofcards.com.
    Reproduced on Moneysavingexpert with permission, using IE browser.

    I think that this would be my soa after br, does it seem about right?


    just a few thoughts :D
    We all die. The goal isn't to live forever, the goal is to create something that will
  • larzie30
    larzie30 Posts: 233 Forumite
    Part of the Furniture Combo Breaker
    edited 3 August 2009 at 1:18PM
    Originally Posted by larzie30 viewpost.gif
    Statement of Affairs and Personal Balance Sheet
    Household Information
    Number of adults in household........... 3
    Number of children in household......... 0
    Number of cars owned.................... 0
    Monthly Income Details
    Monthly income after tax................ 1450
    Partners monthly income after tax....... 0
    Benefits................................ 0
    Other income............................ 0
    Total monthly income.................... 1450
    Monthly Expense Details
    Mortgage................................ 0
    Secured/HP loan repayments.............. 0
    Rent.................................... 300 (live with my folks so all bills included in this)
    Management charge (leasehold property).. 0
    Council tax............................. 0
    Electricity............................. 0
    Gas..................................... 0
    Oil..................................... 0
    Water rates............................. 0
    Telephone (land line)................... 0
    Mobile phone............................ 39
    TV Licence.............................. 0
    Satellite/Cable TV...................... 0
    Internet Services....................... 0
    Groceries etc. ......................... 200
    Clothing................................ 45
    Petrol/diesel........................... 180 (I live 30 miles away from work) Receiver may ask for proof...
    Road tax................................ 10
    Car Insurance........................... 33
    Car maintenance (including MOT)......... 20
    Car parking............................. 0
    Other travel............................ 0
    Childcare/nursery....................... 0
    Other child related expenses............ 0
    Medical (prescriptions, dentist etc).... 12.5 £10
    Pet insurance/vet bills................. 32 (this is for 2 dogs and is the cheapest that I can get) £20 thats the limit the OR will allow...
    Buildings insurance..................... 0
    Contents insurance...................... 0 NO insurance at all? you'd need accidental damage cover its all included in my mum and dad's bills, comes under the 300 per month
    Life assurance ......................... 0
    Other insurance......................... 9.5 whats this for? This is my medicash insurance for eye care etc
    Presents (birthday, christmas etc)...... 10 Not usually allowed
    Haircuts................................ 15
    Entertainment........................... 0
    Holiday................................. 40
    Emergency fund.......................... 0
    Total monthly expenses.................. 946

    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
    Total unsecured debts..........0.........0.........-

    Monthly Budget Summary
    Total monthly income.................... 1,450
    Expenses (including HP & secured debts). 946
    Available for debt repayments........... 504
    Monthly UNsecured debt repayments....... 0
    Amount left after debt repayments....... 504
    Personal Balance Sheet Summary
    Total assets (things you own)........... 0
    Total HP & Secured debt................. -0
    Total Unsecured debt.................... -0
    Net Assets.............................. 0
    Created using the SOA calculator at www.makesenseofcards.com.
    Reproduced on Moneysavingexpert with permission, using IE browser.

    I think that this would be my soa after br, does it seem about right?

    just a few thoughts :D

    thanks for your comments are my answers okay?
    Bankrupt 10.50hrs 27th August 2009. Big fan of this forum because people are so helpful.
  • peachyprice
    peachyprice Posts: 22,346 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    larzie30 wrote: »
    Statement of Affairs and Personal Balance Sheet
    Household Information
    Number of adults in household........... 3
    Number of children in household......... 0
    Number of cars owned.................... 0
    Monthly Income Details
    Monthly income after tax................ 1450
    Partners monthly income after tax....... 0
    Benefits................................ 0
    Other income............................ 0
    Total monthly income.................... 1450
    Monthly Expense Details
    Mortgage................................ 0
    Secured/HP loan repayments.............. 0
    Rent.................................... 300 (live with my folks so all bills included in this)
    Management charge (leasehold property).. 0
    Council tax............................. 0
    Electricity............................. 0
    Gas..................................... 0
    Oil..................................... 0
    Water rates............................. 0
    Telephone (land line)................... 0
    Mobile phone............................ 39
    TV Licence.............................. 0
    Satellite/Cable TV...................... 0
    Internet Services....................... 0
    Groceries etc. ......................... 200
    Clothing................................ 45 Up to £60
    Petrol/diesel........................... 180 (I live 30 miles away from work)
    Road tax................................ 10
    Car Insurance........................... 33
    Car maintenance (including MOT)......... 20
    Car parking............................. 0
    Other travel............................ 0
    Childcare/nursery....................... 0
    Other child related expenses............ 0
    Medical (prescriptions, dentist etc).... 12.5
    Pet insurance/vet bills................. 32 (this is for 2 dogs and is the cheapest that I can get)
    Buildings insurance..................... 0
    Contents insurance...................... 0
    Life assurance ......................... 0
    Other insurance......................... 9.5
    Presents (birthday, christmas etc)...... 10
    Haircuts................................ 15 Usually £10
    Entertainment........................... 0
    Holiday................................. 40
    Emergency fund.......................... 0
    Total monthly expenses.................. 946

    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
    Total unsecured debts..........0.........0.........-

    Monthly Budget Summary
    Total monthly income.................... 1,450
    Expenses (including HP & secured debts). 946
    Available for debt repayments........... 504
    Monthly UNsecured debt repayments....... 0
    Amount left after debt repayments....... 504
    Personal Balance Sheet Summary
    Total assets (things you own)........... 0
    Total HP & Secured debt................. -0
    Total Unsecured debt.................... -0
    Net Assets.............................. 0
    Created using the SOA calculator at www.makesenseofcards.com.
    Reproduced on Moneysavingexpert with permission, using IE browser.

    I think that this would be my soa after br, does it seem about right?

    To be honest, the OR is going to get a large enough IPA from you they're likely not to query too much the expenses you have put down. I'd up your clothes and leave the pet insurance as it is.
    Accept your past without regret, handle your present with confidence and face your future without fear
  • tommus
    tommus Posts: 78 Forumite
    What about pet care,food etc? I have 2 dogs and put £25 for insurance and £60 for food and everything else(they both have bouts of colitis so have to feed them a specialist food) and the OR said it was fine,didn't question it at all. I also put £80 for clothing and that was allowed,only thing she didn't allow was sky,Internet and contingency.
  • philnicandamy
    philnicandamy Posts: 15,685 Forumite
    10,000 Posts Combo Breaker
    unfortunatley not all ORs are the same though...life would be VERY easier if it was though!
    We all die. The goal isn't to live forever, the goal is to create something that will
  • tommus
    tommus Posts: 78 Forumite
    Why is it that all OR's are different? Surely they all have the same guidelines they have to adhere to? Or are some just a bit nasty,trying to get more of an ipa out of you?
  • debtinfo
    debtinfo Posts: 7,012 Forumite
    They do have the same guidance althogh it doesnt cover everything and is open to interpretation. Unlike many other positions the OR is personally responsible for their decisions and so get the final say
    Hi, im Debtinfo, i am an ex insolvency examiner and over the years have personally dealt with thousands of bankruptcy cases.
    Please note that any views i put forth are not those of my former employer The Insolvency Service and do not constitute professional advice, you should always seek professional advice before entering insolvency proceedings.
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