New Year Still Broke

slummymummyof3

Hope you get on well tomorrow with CAB but don't assume they will recommend you going BR as there are plenty of options open to you with your salary and the tweaking you have had suggested to here.

Hope the no spend days are still going ok.

philnicandamy

GOOD LUCK with the CAB hope everything goes well

InaPickle

Good luck Suzy, and let use know how it goes tonight. x

slummymummyof3

So what happened Suzie? You seem to have gone very thin on the ground of late!

sizzler

Just joined thread. Did you get result

Hope so sizzler:j

Matt1982

Darnit wrote: »

Don't do that Suzzybabe, they will crucify you for a long time. The receiver will go through your accounts over the last five years to see if you have been reckless, and this course of action certainly would be. The only thing you can get away with is an increase of about the cost of the fees by jiggling things around. Not only that, it is a very poor attitude to money and this is what makes some people angry about bancrupts. It isn't an easy option, you really need to do more research before you make any decisions. Don't listen to anyone who tells you things like that, find out from this forum and get proper advice. It may be the best course of action for you, but it isn't a decision to be taken lightly.

I only given 3mths bank statements so far...is asking for 5yrs normal?

philnicandamy

Sometimes.....the OR can go back as far as they like if they think somethings untoward..

Matt1982

Fair enough....main reason I ask if obiviusly 5yrs ago a long time so cannot remember what was on there.

I guess it not a regular thing and only done when potential big issues.

I guess on a case like mine whereby I have no assets, just had pay cut that the case doesnt get as much time/eye to detail as others.

slummymummyof3

How is the spending diary going Suzie? How did you get on with CAB on Thursday?

suzzybabe

Hello here Its Suzy and not out on a Saturday night!!!!

As expected the CAB have advised me to cut down my expenses and try to resolve money problems without resorting to BR

With this in mind I have projected what my new SOA should look like and if I pull out all the stops with the best will in the world It is going to take me at least 5 years to get myself sorted out

I am going to give it a good old fashioned try


Household Information[/b]
Number of adults in household........... 1
Number of children in household.........
Number of cars owned.................... 1
Monthly Income Details
Monthly income after tax................ 2650
Partners monthly income after tax....... 0
Benefits................................ 0
Other income............................ 0
Total monthly income.................... 2650
Monthly Expense Details
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 550 change of address
Management charge (leasehold property).. 0
Council tax............................. 80 projected
Electricity............................. 50 "
Gas..................................... 0
Oil..................................... 0
Water rates............................. 10 "
Telephone (land line)................... 30
Mobile phone............................ 10
TV Licence.............................. 12
Satellite/Cable TV...................... 0
Internet Services....................... 10
Groceries etc. ......................... 195
Clothing................................ 0
Petrol/diesel........................... 60
Road tax................................ 15
Car Insurance........................... 30
Car maintenance (including MOT)......... 20
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 10
Pet insurance/vet bills................. 0
Buildings insurance..................... 15
Contents insurance...................... 13
Life assurance ......................... 20
Other insurance......................... 0
Presents (birthday, christmas etc)...... 0
Haircuts................................ 20
Entertainment........................... 0
Holiday................................. 0
Emergency fund.......................... 20
work journals........................... 20
Total monthly expenses.................. 1190

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
loans..........................22000.....462.......0
cc s...........................41000.....410.......14.5
Total unsecured debts..........63000.....872.......-

Monthly Budget Summary
Total monthly income.................... 2,650
Expenses (including HP & secured debts). 1,190
Available for debt repayments........... 1,460
Monthly UNsecured debt repayments....... 872
Amount left after debt repayments....... 588
Personal Balance Sheet Summary
Total assets (things you own)........... 0
Total HP & Secured debt................. -0
Total Unsecured debt.................... -63,000
Net Assets.............................. -63,000



Wish me luck
I can't see it happening though

Going to transfer over to the debt free wannabe board

Thanks everyone

lots and lots of love

Suzy xx (Depressed about the mess I am in):cool::cool: