Can you please check my SOR

curly04

this is over the last 3 months, but then if I did it over the next 3 months it would be about £1160 as its near xmas and not a lot of people buying insurance so no bonus or hadly any.

This time last year it was about 1800 but in the last 4 months they have cut bonus back so they dont' have any job losses

fiveyearplan

Why don't you see what figure you get if you average it out over the last 6 months and then last 12 months and go with the one that suits you better (ie the lower one!). It could make the difference of IPA/no IPA.

curly04

over the last 12 months works out at £1550 over the past 6 months £1395 over the last 3 months £1300, its only last week they said bonuses will get lower, my pay without bonus is £1160 approx

kerrypn

Hi curly

Please dont be put off by some comments-I am new myself offering a helping hand and 99% of posts are nice and constructive.

Just a quick add really, on the actual SOA you have an extra box for bonuses and suchlike as it isnt exactly "regular" income-so put your basic salary in the income and an estimated bonus in the appropriate box. You can explain in the additional information that this bonus is not guaranteed.

chux_2

I am planning on Br in a few weeks however does anybody know what the official reciever will do with the account my wages is paid into? The account is in credit I do not owe anything in this account as I have no credit facility. Will I be allowed to withdraw from it for my day to day living expenses if the reciever has no interest in it and my bank allow me to hold the account? What is the procedure the day your declared bankcrupt?

tigerfeet2006

If it is a basic account the OR will usually express he has no interest in it HOWEVER if it is not a Co-op Cashminder or Barclays Cash account the banks will freeze the account and decline to have your custom any more.

If I were you I would open one of the above accounts and get everything switched over. On the day of your BR it is usually best to only have enough money in the account to cover any DD's coming out, take the rest of your living expenses out in cash, just as a precaution.

Welcome to the board BTW you will usually find you get more of a response if you start your own thread if you question is not directly related to the original post, it can get lost.

broxiebear1

curly04 wrote: »

Household Information[/b]
Number of adults in household........... 2
Number of children in household.........
Number of cars owned....................
Monthly Income Details
Monthly income after tax................ 1300
Partners monthly income after tax....... 600
Benefits................................ 0
Other income............................ 0
Total monthly income.................... 1900
Monthly Expense Details
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 575
Management charge (leasehold property).. 0
Council tax............................. 139
Electricity............................. 60
Gas..................................... 80
Oil..................................... 0
Water rates............................. 36
Telephone (land line)................... 60
Mobile phone............................ 0
TV Licence.............................. 0
Satellite/Cable TV...................... 12
Internet Services....................... 0
Groceries etc. ......................... 400
Clothing................................ 60
Petrol/diesel........................... 180
Road tax................................ 0
Car Insurance........................... 0
Car maintenance (including MOT)......... 0
Car parking............................. 20
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 20
Pet insurance/vet bills................. 20
Buildings insurance..................... 0
Contents insurance...................... 18
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 20
Haircuts................................ 40
Entertainment........................... 0
Holiday................................. 50
Emergency fund.......................... 0
Total monthly expenses.................. 1790

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.................... 1,900
Expenses (including HP & secured debts). 1,790
Available for debt repayments........... 110
Monthly UNsecured debt repayments....... 0
Amount left after debt repayments....... 110

my husband will be going BR soon I hope but I've got to do it first as I earn more money than he does so they are all coming after me

1300 is an estimate as some months I get bonuses and other times I dont
Thanks for you help

hi curly sorry for my last post i wasnt judging you my partner has motability for life and she gets free pres because she has to take a drug for her under active thyroid , also can park free in disabled bays . i got her life insurance no problem and she has asthma,underactive thyroid. gluchomia, aand is in constant pain for her hips, appart from her motability money she gets nowt because i work . i to am thinking about br and i was only asking a question sry i wasnt judging you plz forgive me and good luck with br
sry .

dojoman

tigerfeet2006 wrote: »

Well if you check my reply to Curly you will see I have adjusted it down. It costs me £65 a month for my hair.

You are not a regular here and don't understand all the workings and why fors so in stead of judging why don't you go back to a board where you know what you are doing.

WELL SAID, I could not have put it better myself. :T