Final SOA before i have my appointment with CCCS

jimbraund

Hi guys could you cast your eyes over this before i have my appointment with CCCS today about going BR. I know this is the only way forward and have made the court date already for 25th Nov. Thanks

Statement of Affairs and Personal Balance Sheet

Household Information
Number of adults in household........... 2
Number of children in household.........
Number of cars owned.................... 0

Monthly Income Details[/b]
Monthly income after tax................ 1140
Partners monthly income after tax....... 533
Benefits................................ 0
Other income............................ 0
Total monthly income.................... 1673

Monthly Expense Detail
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 520
Management charge (leasehold property).. 0
Council tax............................. 90
Electricity............................. 45
Gas..................................... 50
Oil..................................... 0
Water rates............................. 22
Telephone (land line)................... 30
Mobile phone............................ 0
TV Licence.............................. 13
Satellite/Cable TV...................... 0
Internet Services....................... 0
Groceries etc. ......................... 360
Clothing................................ 40
Petrol/diesel........................... 130
Road tax................................ 5
Car Insurance........................... 42
Car maintenance (including MOT)......... 20
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 20
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 17
Life assurance ......................... 7
Other insurance......................... 0
Presents (birthday, christmas etc)...... 0
Haircuts................................ 10
Entertainment........................... 0
Holiday................................. 30
Emergency fund.......................... 0
Total monthly expenses.................. 1451


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 Debts....................23000.....0.........0
Court Fines....................1544......140.......0
Total unsecured debts..........24544.....140.......-


Monthly Budget Summary
Total monthly income.................... 1,673
Expenses (including HP & secured debts). 1,451
Available for debt repayments........... 222
Monthly UNsecured debt repayments....... 140
Amount left after debt repayments....... 82

Personal Balance Sheet Summary
Total assets (things you own)........... 0
Total HP & Secured debt................. -0
Total Unsecured debt.................... -24,544
Net Assets.............................. -24,544

thefoolonthehill

Hi

I dont understand. You have 130 per month for petrol / diesel, 5 road tax and 42 ins but have no car?

I dont think they will accept 30 per month for hols - you cant afford one unfortunately.

You can include internet and mobile

jimbraund

Statement of Affairs and Personal Balance Sheet

Household Information
Number of adults in household........... 2
Number of children in household.........
Number of cars owned.................... 0 Car is in partners name but i am main driver as i use the car for work everyday

Monthly Income Details[/b]
Monthly income after tax................ 1140
Partners monthly income after tax....... 533
Benefits................................ 0
Other income............................ 0
Total monthly income.................... 1673

Monthly Expense Detail
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 520
Management charge (leasehold property).. 0
Council tax............................. 90
Electricity............................. 45
Gas..................................... 50
Oil..................................... 0
Water rates............................. 22
Telephone (land line)................... 30 Partner pays for telephone, internet & cable
Mobile phone............................ 10
TV Licence.............................. 13
Satellite/Cable TV...................... 10
Internet Services....................... 10
Groceries etc. ......................... 360
Clothing................................ 40
Petrol/diesel........................... 130
Road tax................................ 5
Car Insurance........................... 42
Car maintenance (including MOT)......... 20
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 20
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 17
Life assurance ......................... 7
Other insurance......................... 0
Presents (birthday, christmas etc)...... 0
Haircuts................................ 10
Entertainment........................... 0
Holiday................................. 0
Emergency fund.......................... 0
Total monthly expenses.................. 1451


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 Debts....................23000.....0.........0
Court Fines....................1544......140.......0
Total unsecured debts..........24544.....140.......-


Monthly Budget Summary
Total monthly income.................... 1,673
Expenses (including HP & secured debts). 1,451
Available for debt repayments........... 222
Monthly UNsecured debt repayments....... 140
Amount left after debt repayments....... 82

Personal Balance Sheet Summary
Total assets (things you own)........... 0
Total HP & Secured debt................. -0
Total Unsecured debt.................... -24,544
Net Assets.............................. -24,544

thefoolonthehill

Hi Jim

ok that clears it up! I think when you speak to them you should advise that you pay half for the car as you drive it, however, it is in your OH name.

I would also say that you pay half of int, phone etc.

Are you considering BR or going down a DMP?

If you go down a DMP road are you hoping to pay it off in the quickest time possible or do you want to pay a reasonable amount that does not leave you short. If the answer is the latter then you should definately include half of all bills (even if it is a white lie!)

thatsyourlot

I was allowed £50 per month for a holiday from my OR but each or is different

peachyprice

thefoolonthehill wrote: »

Hi Jim

ok that clears it up! I think when you speak to them you should advise that you pay half for the car as you drive it, however, it is in your OH name.

I would also say that you pay half of int, phone etc.

Are you considering BR or going down a DMP?

If you go down a DMP road are you hoping to pay it off in the quickest time possible or do you want to pay a reasonable amount that does not leave you short. If the answer is the latter then you should definately include half of all bills (even if it is a white lie!)

This is OP's SoA for bankruptcy, he will not be allowed to pay towards his partners debts i.e. car loan, and as he is not the owner it doesn't go on his forms as his car, there is a separate space for cars not belonging that you have use of. He cannot have an allowance for internet unless necessary for work or study. He will be allowed a holiday allowance.

HTH

jimbraund

could anybody update my soa if they feel figures are in the wrong place and what should and should not be on thanks

tigerfeet2006

jimbraund wrote: »

Statement of Affairs and Personal Balance Sheet

Household Information
Number of adults in household........... 2
Number of children in household.........
Number of cars owned.................... 0 Car is in partners name but i am main driver as i use the car for work everyday

Monthly Income Details[/b]
Monthly income after tax................ 1140
Partners monthly income after tax....... 533 Is this your OH full wage?
Benefits................................ 0
Other income............................ 0
Total monthly income.................... 1673

Monthly Expense Detail
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 520
Management charge (leasehold property).. 0
Council tax............................. 90
Electricity............................. 45
Gas..................................... 50
Oil..................................... 0
Water rates............................. 22
Telephone (land line)................... 30 Partner pays for telephone, internet & cable
Mobile phone............................ 10 put under phone up to £60 max for 2 people
TV Licence.............................. 13
Satellite/Cable TV...................... 10 Not allowed on SoA, will have to come from surplus
Internet Services....................... 10 ditto unless essential for work
Groceries etc. ......................... 360 £400
Clothing................................ 40 £50
Petrol/diesel........................... 130
Road tax................................ 5
Car Insurance........................... 42
Car maintenance (including MOT)......... 20
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 20
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 17
Life assurance ......................... 7 the OR may have an interest in this.
Other insurance......................... 0
Presents (birthday, christmas etc)...... 0
Haircuts................................ 10
Entertainment........................... 0
Holiday................................. 0 £25
Emergency fund.......................... 0
Total monthly expenses.................. 1451


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 Debts....................23000.....0.........0
Court Fines....................1544......140.......0
Total unsecured debts..........24544.....140.......-


Monthly Budget Summary
Total monthly income.................... 1,673
Expenses (including HP & secured debts). 1,451
Available for debt repayments........... 222
Monthly UNsecured debt repayments....... 140
Amount left after debt repayments....... 82

Personal Balance Sheet Summary
Total assets (things you own)........... 0
Total HP & Secured debt................. -0
Total Unsecured debt.................... -24,544
Net Assets.............................. -24,544

Hope that helps. I am assuming it is just you going BR. Do you wear suits for work? Is your car insurance fully comp? Do you have breakdown cover? Is your contents insurance accidental damage? Do you pay for professional fees or union fees?

jimbraund

it is only me that is going bankrupt the £533.00 is what my gf contributes to the bills as that is what i was informed to put down, i dont put her full wages down do i?