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last soa was confusing, try again

this is revised as the other one was before br. sorry. we were advised to do one for before & after. but i don't see thee point as the soa for after is the important one. correct me if im wrong. i hope this is right this time, myself & my wife are going br.

Statement of Affairs and Personal Balance Sheet



Household Information


Number of adults in household........... 2


Number of children in household......... 4


Number of cars owned.................... 2


Monthly Income Details


Monthly income after tax................ 1550


Partners monthly income after tax....... 364


Benefits................................ 691.28


Other income............................ 280


Total monthly income.................... 2885.28




Monthly Expense Details


Mortgage................................ 0


Secured/HP loan repayments.............. 69 car


Rent.................................... 895


Management charge (leasehold property).. 0


Council tax............................. 130


Electricity............................. 45


Gas..................................... 0


Oil..................................... 60


Water rates............................. 42


Telephone (land line)................... 60 includes phone, internet & tv vision


Mobile phone............................ 7


TV Licence.............................. 12


Satellite/Cable TV...................... 0


Internet Services....................... 0


Groceries etc. ......................... 629


Clothing................................ 92


Petrol/diesel........................... 260


Road tax................................ 40


Car Insurance........................... 46


Car maintenance (including MOT)......... 40


Car parking............................. 0


Other travel............................ 0


Childcare/nursery....................... 0


Other child related expenses............ 200 this is school dinners & kids clubs


Medical (prescriptions, dentist etc).... 30


Pet insurance/vet bills................. 0


Buildings insurance..................... 0


Contents insurance...................... 10


Life assurance ......................... 21


Other insurance......................... 0


Presents (birthday, christmas etc)...... 0


Haircuts................................ 38


Entertainment........................... 0


Holiday................................. 0


Emergency fund.......................... 40


Total monthly expenses.................. 2766




Assets


Cash.................................... 0


House value (Gross)..................... 0


Shares and bonds........................ 0


Car(s).................................. 400


Other assets............................ 0


Total Assets............................ 400




Secured & HP Debts


Description....................Debt......Monthly.. .APR


Mortgage...................... 0........(0)........0


Hire Purchase (HP) debt ...... 2000.....(69).......0 car


Total secured & HP debts...... 2000......-.........- 0 as above


Unsecured Debts


Description....................Debt......Monthly.. .APR


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


Monthly Budget Summary


Total monthly income.................... 2,885.28


Expenses (including HP & secured debts). 2,766


Available for debt repayments........... 119.28


Monthly UNsecured debt repayments....... 0


Amount left after debt repayments....... 119.28


Personal Balance Sheet Summary


Total assets (things you own)........... 400


Total HP & Secured debt................. -2,000


Total Unsecured debt.................... -0


Net Assets.............................. 400
BR on 10th september 2009. :shhh::shhh::shhh:
DC 10th september 2010 _party__party__party__party_

Comments

  • fiveyearplan
    fiveyearplan Posts: 10,145 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    nev32 wrote: »
    this is revised as the other one was before br. sorry. we were advised to do one for before & after. but i don't see thee point as the soa for after is the important one. correct me if im wrong. i hope this is right this time, myself & my wife are going br.

    Statement of Affairs and Personal Balance Sheet



    Household Information


    Number of adults in household........... 2


    Number of children in household......... 4


    Number of cars owned.................... 2


    Monthly Income Details


    Monthly income after tax................ 1550


    Partners monthly income after tax....... 364


    Benefits................................ 691.28


    Other income............................ 280


    Total monthly income.................... 2885.28




    Monthly Expense Details


    Mortgage................................ 0


    Secured/HP loan repayments.............. 69 car


    Rent.................................... 895


    Management charge (leasehold property).. 0


    Council tax............................. 130


    Electricity............................. 45


    Gas..................................... 0


    Oil..................................... 60


    Water rates............................. 42


    Telephone (land line)................... 60 [STRIKE]includes phone, internet & tv vision[/STRIKE] delete these words unnecessary and the OR may deduct some for internet and tv.


    Mobile phone............................ 7


    TV Licence.............................. 12


    Satellite/Cable TV...................... 0


    Internet Services....................... 0


    Groceries etc. ......................... 629 630


    Clothing................................ 92 90


    Petrol/diesel........................... 260


    Road tax................................ 40


    Car Insurance........................... 46


    Car maintenance (including MOT)......... 40


    Car parking............................. 0


    Other travel............................ 0


    Childcare/nursery....................... 0


    Other child related expenses............ 200 this is school dinners & kids clubs


    Medical (prescriptions, dentist etc).... 30


    Pet insurance/vet bills................. 0


    Buildings insurance..................... 0


    Contents insurance...................... 10 did you guess at this figure? If so I'd put £20


    Life assurance ......................... 21 OR may have an interest in this


    Other insurance......................... 0


    Presents (birthday, christmas etc)...... 0


    Haircuts................................ 38 40


    Entertainment........................... 0


    Holiday................................. 0


    Emergency fund.......................... 40 not usually allowed but leave in.


    Total monthly expenses.................. 2766




    Assets


    Cash.................................... 0


    House value (Gross)..................... 0


    Shares and bonds........................ 0


    Car(s).................................. 400


    Other assets............................ 0


    Total Assets............................ 400




    Secured & HP Debts


    Description....................Debt......Monthly.. .APR


    Mortgage...................... 0........(0)........0


    Hire Purchase (HP) debt ...... 2000.....(69).......0 car


    Total secured & HP debts...... 2000......-.........- 0 as above


    Unsecured Debts


    Description....................Debt......Monthly.. .APR


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


    Monthly Budget Summary


    Total monthly income.................... 2,885.28


    Expenses (including HP & secured debts). 2,766


    Available for debt repayments........... 119.28


    Monthly UNsecured debt repayments....... 0


    Amount left after debt repayments....... 119.28


    Personal Balance Sheet Summary


    Total assets (things you own)........... 400


    Total HP & Secured debt................. -2,000


    Total Unsecured debt.................... -0


    Net Assets.............................. 400

    I made comments on your other thread but see you decided not to change your SOA. I made the comments again. As I said in the other thread - keep them all to one thread, don't start a new thread each time you change something then people can't see what advice you've already been given.

    :j :j


  • dalip
    dalip Posts: 7,045 Forumite
    Yes i agree with FYP,as i have just answered on your other thread:rolleyes:.Might be worth asking to have the two threads merged;). Otherwise we will all be getting confused:rotfl:
    Free impartial debt advice available from: National Debtline - Tel: 0808 808 4000 | The Consumer Credit Counselling Service (CCCS) - Tel: 0800 138 1111 | Find your local Citizens Advice Bureau
    Laugh at yourself and others laugh with you.Laugh at others and you laugh alone. BSC No 107:D
  • nev32
    nev32 Posts: 148 Forumite
    sorry guys. i would merge but unsure of how to do it. sorry to confuse you all. im confusing myself.
    BR on 10th september 2009. :shhh::shhh::shhh:
    DC 10th september 2010 _party__party__party__party_
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