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SOA - please check (court tomorrow!)

Maybeelady
Maybeelady Posts: 131 Forumite
in Bankruptcy & living with it
All comments appreciated! Thanks :)

Statement of Affairs and Personal Balance Sheet
Household Information
Number of adults in household........... 1
Number of children in household.........
Number of cars owned....................
Monthly Income Details
Monthly income after tax................ 1632
Partners monthly income after tax....... 0
Benefits................................ 0
Other income............................ 0
Total monthly income.................... 1632
Monthly Expense Details
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 524
Management charge (leasehold property).. 0
Council tax............................. 38
Electricity............................. 20
Gas..................................... 30
Oil..................................... 0
Water rates............................. 11
Telephone (land line)................... 5
Mobile phone............................ 35
TV Licence.............................. 3
Satellite/Cable TV...................... 0
Internet Services....................... 0
Groceries etc. ......................... 210
Clothing................................ 50
Petrol/diesel........................... 0
Road tax................................ 0
Car Insurance........................... 0
Car maintenance (including MOT)......... 0
Car parking............................. 0
Other travel............................ 80
Childcare/nursery....................... 0
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 15
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 0
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 0
Haircuts................................ 20
Entertainment........................... 0
Holiday................................. 0
Emergency fund.......................... 0
Dry cleaning............................ 10
Total monthly expenses.................. 1051

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
Barclays loan..................19846.....475.......0
Halifax cc.....................9647......181.......0
MBNA cc........................6720......122.......0
HMRC...........................2689......0.........0
Total unsecured debts..........38902.....778.......-

Monthly Budget Summary
Total monthly income.................... 1,632
Expenses (including HP & secured debts). 1,051
Available for debt repayments........... 581
Monthly UNsecured debt repayments....... 778
Amount short for making debt repayments. -197
Personal Balance Sheet Summary
Total assets (things you own)........... 0
Total HP & Secured debt................. -0
Total Unsecured debt.................... -38,902
Net Assets.............................. -38,902
Created using the SOA calculator at www.makesenseofcards.com.
Reproduced on Moneysavingexpert with permission, using IE browser.
«1

Comments

  • tigerfeet2006
    tigerfeet2006 Posts: 14,030 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Maybee, please remind me, are you in a shared house?
    BSCno.87
    The only stupid question is an unasked one
    Loving life as a Kernow Hippy
  • Maybeelady
    Maybeelady Posts: 131 Forumite
    tigerfeet2006 wrote: »
    Maybee, please remind me, are you in a shared house?

    Yes - but have only included my portion of everything (rent, bills etc). There are 4 of us living there but we are 4 individuals who all pay for everything separately.
  • tigerfeet2006
    tigerfeet2006 Posts: 14,030 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Cheers, will just go and look at the SoA for you.
    BSCno.87
    The only stupid question is an unasked one
    Loving life as a Kernow Hippy
  • tigerfeet2006
    tigerfeet2006 Posts: 14,030 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 3 September 2009 at 1:23PM
    Maybeelady wrote: »
    All comments appreciated! Thanks :)

    Statement of Affairs and Personal Balance Sheet
    Household Information
    Number of adults in household........... 1
    Number of children in household.........
    Number of cars owned....................
    Monthly Income Details
    Monthly income after tax................ 1632
    Partners monthly income after tax....... 0
    Benefits................................ 0
    Other income............................ 0
    Total monthly income.................... 1632
    Monthly Expense Details
    Mortgage................................ 0
    Secured/HP loan repayments.............. 0
    Rent.................................... 524
    Management charge (leasehold property).. 0
    Council tax............................. 38
    Electricity............................. 20
    Gas..................................... 30
    Oil..................................... 0
    Water rates............................. 11
    Telephone (land line)................... 5
    Mobile phone............................ 35
    TV Licence.............................. 3
    Satellite/Cable TV...................... 0
    Internet Services....................... 0
    Groceries etc. ......................... 210
    Clothing................................ 50
    Petrol/diesel........................... 0
    Road tax................................ 0
    Car Insurance........................... 0
    Car maintenance (including MOT)......... 0
    Car parking............................. 0
    Other travel............................ 80
    Childcare/nursery....................... 0
    Other child related expenses............ 0
    Medical (prescriptions, dentist etc).... 15 £20
    Pet insurance/vet bills................. 0
    Buildings insurance..................... 0
    Contents insurance...................... 0 Make sure you get some especially with accidental damage. £20ish
    Life assurance ......................... 0
    Other insurance......................... 0
    Presents (birthday, christmas etc)...... 0
    Haircuts................................ 20 £10
    Entertainment........................... 0
    Holiday................................. 0 £25
    Emergency fund.......................... 0
    Dry cleaning............................ 10
    Total monthly expenses.................. 1051

    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
    Barclays loan..................19846.....475.......0
    Halifax cc.....................9647......181.......0
    MBNA cc........................6720......122.......0
    HMRC...........................2689......0.........0
    Total unsecured debts..........38902.....778.......-

    Monthly Budget Summary
    Total monthly income.................... 1,632
    Expenses (including HP & secured debts). 1,051
    Available for debt repayments........... 581
    Monthly UNsecured debt repayments....... 778
    Amount short for making debt repayments. -197
    Personal Balance Sheet Summary
    Total assets (things you own)........... 0
    Total HP & Secured debt................. -0
    Total Unsecured debt.................... -38,902
    Net Assets.............................. -38,902
    Created using the SOA calculator at www.makesenseofcards.com.
    Reproduced on Moneysavingexpert with permission, using IE browser.

    You will obviously get an IPA but you will be better off than you are now. Will find the table for you.

    Here we go
    IPATable-small.gif
    with thanks to Phil
    BSCno.87
    The only stupid question is an unasked one
    Loving life as a Kernow Hippy
  • Maybeelady
    Maybeelady Posts: 131 Forumite
    I didn't think I'd be allowed holiday funds? Would also like to put travel insurance in as i sometimes have to travel for work, but not sure anyone will give me insurance once BR.
  • Maybeelady
    Maybeelady Posts: 131 Forumite
    Also, am I allowed the mobile or should I lump that in with landline?
  • philnicandamy
    philnicandamy Posts: 15,685 Forumite
    10,000 Posts Combo Breaker
    You'll be allowed holiday funds BUT not insurance that will probably have to come from any surplus you had
    We all die. The goal isn't to live forever, the goal is to create something that will
  • tigerfeet2006
    tigerfeet2006 Posts: 14,030 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    I doubt travel insurance would be an allowable expense but put it down and see, nothing ventured, nothing gained. The OR can only say no it must come from surplus. Which is fine as you will have around £150ish each month.
    BSCno.87
    The only stupid question is an unasked one
    Loving life as a Kernow Hippy
  • philnicandamy
    philnicandamy Posts: 15,685 Forumite
    10,000 Posts Combo Breaker
    SNAP!

    FYI though....travelled a few times while BR & managed to get holiday insurance without any hassles
    We all die. The goal isn't to live forever, the goal is to create something that will
  • tigerfeet2006
    tigerfeet2006 Posts: 14,030 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Maybeelady wrote: »
    Also, am I allowed the mobile or should I lump that in with landline?

    You are allowed a mobile as long as the payments are resonable but most people just lump it all under phone and then there is usually no discussion.
    BSCno.87
    The only stupid question is an unasked one
    Loving life as a Kernow Hippy
This discussion has been closed.
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