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Old_Man_3
Posts: 23 Forumite
I'd appreciate comments on my SOA please.
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....................
Monthly Income Details
Monthly income after tax................ 1660
Partners monthly income after tax....... 0
Benefits................................ 0
Other income............................ 0
Total monthly income.................... 1660
Monthly Expense Details
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 650
Management charge (leasehold property).. 0
Council tax............................. 112
Electricity............................. 55
Gas..................................... 55
Oil..................................... 0
Water rates............................. 23
Telephone (land line)................... 50
Mobile phone............................ 0
TV Licence.............................. 11
Satellite/Cable TV...................... 0
Internet Services....................... 7 Needed for work. Not claimable.
Groceries etc. ......................... 400
Clothing................................ 100
Petrol/diesel........................... 0
Road tax................................ 0
Car Insurance........................... 0
Car maintenance (including MOT)......... 0
Car parking............................. 0
Other travel............................ 60 I have a company car but have to pay for private mileage
Childcare/nursery....................... 0
Dry Cleaning............................ 20 I have to wear suits for work
Medical (prescriptions, dentist etc).... 40
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 0
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 20
Haircuts................................ 10
Entertainment........................... 0
Holiday................................. 40
Emergency fund.......................... 0
Total monthly expenses.................. 1643
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
Cedit Cards....................40000.....700.......10
Total unsecured debts..........40000.....700.......-
Monthly Budget Summary
Total monthly income.................... 1,660
Expenses (including HP & secured debts). 1,643
Available for debt repayments........... 17
Monthly UNsecured debt repayments....... 700
Amount short for making debt repayments. -683
Personal Balance Sheet Summary
Total assets (things you own)........... 0
Total HP & Secured debt................. -0
Total Unsecured debt.................... -40,000
Net Assets.............................. -40,000
Created using the SOA calculator at www.makesenseofcards.com.
Reproduced on Moneysavingexpert with permission, using IE browser.
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....................
Monthly Income Details
Monthly income after tax................ 1660
Partners monthly income after tax....... 0
Benefits................................ 0
Other income............................ 0
Total monthly income.................... 1660
Monthly Expense Details
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 650
Management charge (leasehold property).. 0
Council tax............................. 112
Electricity............................. 55
Gas..................................... 55
Oil..................................... 0
Water rates............................. 23
Telephone (land line)................... 50
Mobile phone............................ 0
TV Licence.............................. 11
Satellite/Cable TV...................... 0
Internet Services....................... 7 Needed for work. Not claimable.
Groceries etc. ......................... 400
Clothing................................ 100
Petrol/diesel........................... 0
Road tax................................ 0
Car Insurance........................... 0
Car maintenance (including MOT)......... 0
Car parking............................. 0
Other travel............................ 60 I have a company car but have to pay for private mileage
Childcare/nursery....................... 0
Dry Cleaning............................ 20 I have to wear suits for work
Medical (prescriptions, dentist etc).... 40
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 0
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 20
Haircuts................................ 10
Entertainment........................... 0
Holiday................................. 40
Emergency fund.......................... 0
Total monthly expenses.................. 1643
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
Cedit Cards....................40000.....700.......10
Total unsecured debts..........40000.....700.......-
Monthly Budget Summary
Total monthly income.................... 1,660
Expenses (including HP & secured debts). 1,643
Available for debt repayments........... 17
Monthly UNsecured debt repayments....... 700
Amount short for making debt repayments. -683
Personal Balance Sheet Summary
Total assets (things you own)........... 0
Total HP & Secured debt................. -0
Total Unsecured debt.................... -40,000
Net Assets.............................. -40,000
Created using the SOA calculator at www.makesenseofcards.com.
Reproduced on Moneysavingexpert with permission, using IE browser.
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Comments
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all looks pretty much in order. looking at it presents eont be allowed, and i would ask if the other adult had any income at allHi, 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.0 -
I'd appreciate comments on my SOA please.
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....................
Monthly Income Details
Monthly income after tax................ 1660
Partners monthly income after tax....... 0
Benefits................................ 0
Other income............................ 0
Total monthly income.................... 1660
Monthly Expense Details
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 650
Management charge (leasehold property).. 0
Council tax............................. 112
Electricity............................. 55
Gas..................................... 55
Oil..................................... 0
Water rates............................. 23
Telephone (land line)................... 50
Mobile phone............................ 0
TV Licence.............................. 11
Satellite/Cable TV...................... 0
Internet Services....................... 7 Needed for work. Not claimable. Add this amount to phone.
Groceries etc. ......................... 400
Clothing................................ 100
Petrol/diesel........................... 0
Road tax................................ 0
Car Insurance........................... 0
Car maintenance (including MOT)......... 0
Car parking............................. 0
Other travel............................ 60 I have a company car but have to pay for private mileage
Childcare/nursery....................... 0
Dry Cleaning............................ 20 I have to wear suits for work I think £10 is max but leave it and see.
Medical (prescriptions, dentist etc).... 40 start keeping receipts.
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 0 £20 you should get this.
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 20
Haircuts................................ 10 £20
Entertainment........................... 0
Holiday................................. 40
Emergency fund.......................... 0
Total monthly expenses.................. 1643
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
Cedit Cards....................40000.....700.......10
Total unsecured debts..........40000.....700.......-
Monthly Budget Summary
Total monthly income.................... 1,660
Expenses (including HP & secured debts). 1,643
Available for debt repayments........... 17
Monthly UNsecured debt repayments....... 700
Amount short for making debt repayments. -683
Personal Balance Sheet Summary
Total assets (things you own)........... 0
Total HP & Secured debt................. -0
Total Unsecured debt.................... -40,000
Net Assets.............................. -40,000
Created using the SOA calculator at www.makesenseofcards.com.
Reproduced on Moneysavingexpert with permission, using IE browser.
I've made a few comments above.
:j :j
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Thanks for that, I'll make the changes as suggested. Hope to apply next week.0
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Good luck!
Any more questions - feel free to ask away.
:j :j
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can somebody have a look at mine and tell me if ok? many thanks
Household Information[/b]
Number of adults in household........... 1
Number of children in household......... 0
Number of cars owned.................... 1
Monthly Income Details
Monthly income after tax................ 400
Partners monthly income after tax....... 0
Benefits................................ 308
Other income............................ 0
Total monthly income.................... 708
Monthly Expense Details
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 248
Management charge (leasehold property).. 0
Council tax............................. 60
Electricity............................. 30
Gas..................................... 20
Oil..................................... 0
Water rates............................. 20
Telephone (land line)................... 30
Mobile phone............................ 20
TV Licence.............................. 12
Satellite/Cable TV...................... 50
Internet Services....................... 10
Groceries etc. ......................... 120
Clothing................................ 30
Petrol/diesel........................... 100
Road tax................................ 11
Car Insurance........................... 15
Car maintenance (including MOT)......... 10
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 5
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 7
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 25
Haircuts................................ 6
Entertainment........................... 0
Holiday................................. 0
Emergency fund.......................... 0
Total monthly expenses.................. 829
Assets
Cash.................................... 0
House value (Gross)..................... 0
Shares and bonds........................ 0
Car(s).................................. 900
Other assets............................ 0
Total Assets............................ 900
No Secured nor Hire Purchase Debts
Unsecured Debts
Description....................Debt......Monthly...APR
mbna...........................9100......600.......9.5
Barclayloan....................8500......400.......12
Barclaycard....................8800......453.......18
barclaycard....................5800......400.......18
cap one........................6000......180.......18
mint...........................3200......180.......18
odraft.........................3000......40........23
Barclaycard....................5700......400.......18
Total unsecured debts..........50100.....2653......-
Monthly Budget Summary
Total monthly income.................... 708
Expenses (including HP & secured debts). 829
Available for debt repayments........... -121
Monthly UNsecured debt repayments....... 2,653
Amount short for making debt repayments. -2,774
Personal Balance Sheet Summary
Total assets (things you own)........... 900
Total HP & Secured debt................. -0
Total Unsecured debt.................... -50,100
Net Assets.............................. -49,2000 -
Skint can you start your own thread please, I have a couple of comments to make but it is always best to do it in your own thread so things don't get muddled up.BSCno.87The only stupid question is an unasked oneLoving life as a Kernow Hippy0
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I have a couple of comments too. Skint you can just copy and paste your SOA into a new thread by clicking on the new thread button on the front page of the BR forum.
Oh and WELCOME!
:j :j
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