hello newbie so be gentle

meganstaff

hi hun, the one i pmd you yesterday is the most accurate. He gives me £15 a week out of his JSA.

meganstaff

Heres my most up to date SOA. Its likely to change in January as I have no choice but return to work in January, please can anyone help with advice. Thanks.

Statement of Affairs and Personal Balance Sheet
Household Information
Number of adults in household........... 2
Number of children in household......... 1
Number of cars owned.................... 1
Monthly Income Details
Monthly income after tax................ 342.98
Partners monthly income after tax....... 0
Benefits................................ 894.91
Other income.(sons JSA Contribution).... 60
Total monthly income.................... 1297.89
Monthly Expense Details]
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 288.43
Management charge (leasehold property).. 0
Council tax............................. 69.94
Electricity............................. 65
Gas..................................... 0
Oil..................................... 0
Water rates............................. 43
Telephone (land line)................... 45
Mobile phone............................ 0
TV Licence.............................. 21.67
Satellite/Cable TV...................... 0
Internet Services....................... 20
Groceries etc. ......................... 350
Clothing................................ 80
Petrol/diesel........................... 60
Road tax................................ 11
Car Insurance........................... 18.85
Car maintenance (including MOT)......... 20
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 10
Medical (prescriptions, dentist etc).... 0
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 13
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 10
Haircuts................................ 15
Entertainment........................... 0
Holiday................................. 0
Emergency fund.......................... 0
school dinner money..................... 40
coal.................................... 60]
Total monthly expenses.................. 1240.89

Assets
Cash.................................... 200
House value (Gross)..................... 0
Shares and bonds........................ 0
Car(s).................................. 0
Other assets............................ 0
Total Assets............................ 200

Secured & HP Debts
Description....................Debt......Monthly...APR
Mortgage...................... 0........(0)........0<
council tax....................972.33...(0)........0<
rent...........................983.69...(0)........0
Total secured & HP debts...... 1956.02...-.........-
Unsecured Debts
Description....................Debt......Monthly...APR
bpo............................272.79....0.........0
eversheds......................432.......0.........0
first revenue..................28.86.....0.........0
westcott.......................349.5.....0.........0
welsh water....................216.3.....0.........0
welcome finance................3691.19...0.........0
shopacheck.....................386.93....0.........0
robinson way...................1035.83...0.........0
reliable.......................325.54....0.........0
moorcroft......................320.......0.........0
midas legal....................450.19....0.........0
provident......................1336.97...0.........0
iqor...........................47.5......0.........0
impact.........................353.......0.........0
flm............................7589.48...0.........0
Total unsecured debts..........16836.08..0.........-

Monthly Budget Summary
Total monthly income.................... 1,297.89
Expenses (including HP & secured debts). 1,240.89
Available for debt repayments........... 57
Monthly UNsecured debt repayments....... 0
Amount left after debt repayments....... 57
Personal Balance Sheet Summary
Total assets (things you own)........... 200
Total HP & Secured debt................. -1,956.02
Total Unsecured debt.................... -16,836.08
Net Assets.............................. -18,592.1
Created using the SOA calculator at www.makesenseofcards.com.

philnicandamy

meganstaff wrote: »

Heres my most up to date SOA. Its likely to change in January as I have no choice but return to work in January, please can anyone help with advice. Thanks.

Statement of Affairs and Personal Balance Sheet
Household Information
Number of adults in household........... 2
Number of children in household......... 1
Number of cars owned.................... 1 is this yours?
Monthly Income Details
Monthly income after tax................ 342.98
Partners monthly income after tax....... 0
Benefits................................ 894.91
Other income.(sons JSA Contribution).... 60
Total monthly income.................... 1297.89
Monthly Expense Details]
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 288.43
Management charge (leasehold property).. 0
Council tax............................. 69.94
Electricity............................. 65 will this be enough to cover winter?
Gas..................................... 0
Oil..................................... 0
Water rates............................. 43
Telephone (land line)................... 45
Mobile phone............................ 0
TV Licence.............................. 21.67 why so high?
Satellite/Cable TV...................... 0
Internet Services....................... 20 NOT usually allowed unless for work/education use
Groceries etc. ......................... 350
Clothing................................ 80
Petrol/diesel........................... 60
Road tax................................ 11
Car Insurance........................... 18.85
Car maintenance (including MOT)......... 20
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 10
Medical (prescriptions, dentist etc).... 0 nothing? i'd put £10 or so in at least
Pet insurance/vet bills................. 0 no pets?
Buildings insurance..................... 0
Contents insurance...................... 13
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 10 NOT usually allowed but leave and see
Haircuts................................ 15
Entertainment........................... 0
Holiday................................. 0
Emergency fund.......................... 0
school dinner money..................... 40
coal.................................... 60] again will this increase in winter?
Total monthly expenses.................. 1240.89

Assets
Cash.................................... 200 leave that off...cash in hand only really comes into it with business etc
House value (Gross)..................... 0
Shares and bonds........................ 0
Car(s).................................. 0 ?
Other assets............................ 0
Total Assets............................ 200

Secured & HP Debts
Description....................Debt......Monthly...APR
Mortgage...................... 0........(0)........0<
council tax....................972.33...(0)........0<
rent...........................983.69...(0)........0
Total secured & HP debts...... 1956.02...-.........-
Unsecured Debts
Description....................Debt......Monthly...APR
bpo............................272.79....0.........0
eversheds......................432.......0.........0
first revenue..................28.86.....0.........0
westcott.......................349.5.....0.........0
welsh water....................216.3.....0.........0
welcome finance................3691.19...0.........0
shopacheck.....................386.93....0.........0
robinson way...................1035.83...0.........0
reliable.......................325.54....0.........0
moorcroft......................320.......0.........0
midas legal....................450.19....0.........0
provident......................1336.97...0.........0
iqor...........................47.5......0.........0
impact.........................353.......0.........0
flm............................7589.48...0.........0
Total unsecured debts..........16836.08..0.........-

Monthly Budget Summary
Total monthly income.................... 1,297.89
Expenses (including HP & secured debts). 1,240.89
Available for debt repayments........... 57
Monthly UNsecured debt repayments....... 0
Amount left after debt repayments....... 57
Personal Balance Sheet Summary
Total assets (things you own)........... 200
Total HP & Secured debt................. -1,956.02
Total Unsecured debt.................... -16,836.08
Net Assets.............................. -18,592.1
Created using the SOA calculator at www.makesenseofcards.com.

a few thoughts till someone else comes along....other than that its not looking too bad

Mrs_Malaprop

meganstaff wrote: »

hi hun, the one i pmd you yesterday is the most accurate. He gives me £15 a week out of his JSA.

It didn't come through, but don't panic.

meganstaff

Thanks again, I've added a few changes and will repost my SOA asap. Thanks

Statement of Affairs and Personal Balance Sheet
Household Information
Number of adults in household........... 2
Number of children in household......... 1
Number of cars owned.................... 1 is this yours? yes its my own
Monthly Income Details
Monthly income after tax................ 342.98
Partners monthly income after tax....... 0
Benefits................................ 894.91
Other income.(sons JSA Contribution).... 60
Total monthly income.................... 1297.89
Monthly Expense Details]
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 288.43
Management charge (leasehold property).. 0
Council tax............................. 69.94
Electricity............................ 65 will this be enough to cover winter? 75
Gas..................................... 0
Oil..................................... 0
Water rates............................. 43
Telephone (land line)................... 45
Mobile phone............................ 0
TV Licence.............................. 21.67 why so high? new licence spread over first 6 months
Satellite/Cable TV...................... 0
Internet Services....................... 20 NOT usually allowed unless for work/education use
Groceries etc. ......................... 350
Clothing................................ 80
Petrol/diesel........................... 60
Road tax................................ 11
Car Insurance........................... 18.85
Car maintenance (including MOT)......... 20
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 10
Medical (prescriptions, dentist etc).... 0 nothing? i'd put £10 or so in at least will increase to 10 for glasses but scripts are free in wales
Pet insurance/vet bills................. 0 no pets? £5 1 dog
Buildings insurance..................... 0
Contents insurance...................... 13
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 10 NOT usually allowed but leave and see
Haircuts................................ 15
Entertainment........................... 0
Holiday................................. 0
Emergency fund.......................... 0
school dinner money..................... 40
coal.................................... 60] again will this increase in winter? will increase t0 75
Total monthly expenses.................. 1240.89

Assets
Cash.................................... 200 leave that off...cash in hand only really comes into it with business etc error should have been on car
House value (Gross)..................... 0
Shares and bonds........................ 0
Car(s).................................. 0 ? 200
Other assets............................ 0
Total Assets............................ 200

Secured & HP Debts
Description....................Debt......Monthly.. .APR
Mortgage...................... 0........(0)........0<
council tax....................972.33...(0)........0<
rent...........................983.69...(0)....... .0
Total secured & HP debts...... 1956.02...-.........-
Unsecured Debts
Description....................Debt......Monthly.. .APR
bpo............................272.79....0........ .0
eversheds......................432.......0........ .0
first revenue..................28.86.....0.........0
westcott.......................349.5.....0........ .0
welsh water....................216.3.....0.........0
welcome finance................3691.19...0.........0
shopacheck.....................386.93....0........ .0
robinson way...................1035.83...0.........0
reliable.......................325.54....0........ .0
moorcroft......................320.......0........ .0
midas legal....................450.19....0.........0
provident......................1336.97...0........ .0
iqor...........................47.5......0........ .0
impact.........................353.......0........ .0
flm............................7589.48...0........ .0
Total unsecured debts..........16836.08..0.........-

Monthly Budget Summary
Total monthly income.................... 1,297.89
Expenses (including HP & secured debts). 1,240.89
Available for debt repayments........... 57
Monthly UNsecured debt repayments....... 0
Amount left after debt repayments....... 57
Personal Balance Sheet Summary
Total assets (things you own)........... 200
Total HP & Secured debt................. -1,956.02
Total Unsecured debt.................... -16,836.08
Net Assets.............................. -18,592.1
Created using the SOA calculator at www.makesenseofcards.com.

philnicandamy

ah well...in that case then increase pets to £20 (ish) and the rest seems reasonable.

meganstaff

thanks to phil and mrs M for your advice, I've updated my SOA as advised, hope this looks better.I have to let CAB know my decision regarding bankruptcy on 16th Dec, they will help if flm are included in order. guess i have some serious thiniking to do.I have to return to work on 5th jan so my income will up a bit but so will some of my expences.I really want to start the new yr with a clean slate, after the yr we had i dont think i could cope with anymore,christmas eve is the first anniversay of my 19 yr old sons death, the 28th is his 21st birthday, how much more can i take, i really dont know, thanks guys for caring enough to try help.
Gill

Statement of Affairs and Personal Balance Sheet
Household Information
Number of adults in household........... 2
Number of children in household......... 1
Number of cars owned.................... 1
Monthly Income Details
Monthly income after tax................ 342.98
Partners monthly income after tax....... 0
Benefits................................ 894.91
Other income............................ 60
Total monthly income.................... 1297.89
Monthly Expense Details
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 288.43
Management charge (leasehold property).. 0
Council tax............................. 69.94
Electricity............................. 75
Gas..................................... 0
Oil..................................... 0
Water rates............................. 43
Telephone (land line)................... 50
Mobile phone............................ 0
TV Licence.............................. 21.67
Satellite/Cable TV...................... 0
Internet Services....................... 15
Groceries etc. ......................... 350
Clothing................................ 80
Petrol/diesel........................... 60
Road tax................................ 11
Car Insurance........................... 18.85
Car maintenance (including MOT)......... 23
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 15
Medical (prescriptions, dentist etc).... 10
Pet insurance/vet bills................. 5
Buildings insurance..................... 0
Contents insurance...................... 13
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 10
Haircuts................................ 15
Entertainment........................... 0
Holiday................................. 0
Emergency fund.......................... 0
school dinner money..................... 60
coal.................................... 70
Total monthly expenses.................. 1303.89

Assets
Cash.................................... 0
House value (Gross)..................... 0
Shares and bonds........................ 0
Car(s).................................. 200
Other assets............................ 0
Total Assets............................ 200

Secured & HP Debts
Description....................Debt......Monthly...APR
Mortgage...................... 0........(0)........0<
council tax....................972.33...(0)........0<
rent...........................983.69...(0)........0
Total secured & HP debts...... 1956.02...-.........-
Unsecured Debts
Description....................Debt......Monthly...APR
bpo............................272.79....0.........0
eversheds......................432.......0.........0
first revenue..................28.86.....0.........0
westcott.......................349.5.....0.........0
welsh water....................216.3.....0.........0
welcome finance................3691.19...0.........0
shopacheck.....................386.93....0.........0
robinson way...................1035.83...0.........0
reliable.......................325.54....0.........0
moorcroft......................320.......0.........0
midas legal....................450.19....0.........0
provident......................1336.97...0.........0
iqor...........................47.5......0.........0
impact.........................353.......0.........0
flm............................7589.48...0.........0
Total unsecured debts..........16836.08..0.........-

Monthly Budget Summary
Total monthly income.................... 1,297.89
Expenses (including HP & secured debts). 1,303.89
Available for debt repayments........... -6
Monthly UNsecured debt repayments....... 0
Amount short for making debt repayments. -6
Personal Balance Sheet Summary
Total assets (things you own)........... 200
Total HP & Secured debt................. -1,956.02
Total Unsecured debt.................... -16,836.08
Net Assets.............................. -18,592.1
Created using the SOA calculator at www.makesenseofcards.com.
Reproduced on Moneysavingexpert with permission, using IE browser.

meganstaff

Hi all,
Sorry Ive not been on much lately, heads pretty much in a mess at the moment. Its was the first anniversary of the death of my boy on Christmas Eve and tomorrow will be he 21st birthday. Had a pretty lousy christmas my kids didnt have one present to open off me, but im so proud of them and the way they accepted things as they are. I kno i can make it up to them one day but doesnt help the guilt i feel atm.
I spoke to chap from CAB on 16th and have decided ive no choice but go ahead with bankruptcy, i cant go on like this anymore. Ive yet to speak to my friend but will have to asap, what will happen i dont know.But i have to do it.Ive had to give a return to work date as well which will be 5th jan, i really dont know if i can cope with it but i got to feed my kids.i just wish i had someone here to have a cwtch with as say its going to be ok, feel so alone. Thanks guys for being here. Christmas wishes to you all xx Gill

fiveyearplan

I megan. I'm so sorry to hear of your troubles and of losing your son last year. I know things are tough but your other kids do need you. Regarding your friend, you could always make an arrangement to pay her what you can. What you do with your surplus is your business and I know many people who owed friends and family feel obliged to carry on paying them. You won't be able to put it down on your SOA though.

Have you spoken to your union? If the doctor says you are unable to return to work at the moment I don't know how your employers think you can.

Keep posting - things will get better. I know its hard to believe at the moment but they will.

meganstaff

Thank you hun, Ive been in and off work for the last few yrs with ill health and numerous ops waiting to see neuroligist now regarding poss ms, I spoke to my doc he wasnt happy bout me going back but was prepared to sign me off as long as i go back if things are too much. Spoke to work to see if i could get retirement but they said no, its a simple case of i cant afford not to be in work. On the verge of losing everything, i have repo order on house with the local council and i have no choice now re br. miss my son so much and ive just about had enough now, thanks for caring. x