bankruptcy info needed

sappy_2

Hi

I have just started to fill out my bankruptcy forms after being advised this would be the best option for me by a third party.

They mentioned that there are certain allowances you can have for shopping etc.

I am looking for any information that i can get as when i asked for further information from the third party she said she could do my forms for me but with a cost of £300.00 on top of the bankruptcy charge. Alot of money i think.

Thanks

Sarah

philnicandamy

firstly....some good reading here

https://forums.moneysavingexpert.com/discussion/1056083

and dont pay anyone for the priveledge of filling in forms for you its a job you can do very easily yourself with the help & support of the guys & gals here

confused76

hi there and welcome
you can get free advice from one of the debt charities, such as the national debtline, cccs or the cab

as phil says, absolutely no need to pay someone to help with your forms, they really aren't that complicated. you can post any queries on here. if you really don't want to do them yourself the cab can help you fill them out, but they're not that bad

as for allowances, why not post your budget up here using the link and we can see if what you've put is likely to be accepted
http://www.makesenseofcards.com/soacalc.html
once completed, click format for mse and copy and paste here

good luck

IF

Hello Sarah, Phil and confused are right....please don't pay someone go through a debt charity.

These are the most used Debt charities, click on blue links below:-

http://www.citizensadvice.org.uk/index/getadvice.htm

http://www.nationaldebtline.co.uk/

http://www.cccs.co.uk/

More Debt charities also on Fermi’s link:-

http://forums.moneysavingexpert.com/showthread.html?t=1056083

And do remember we’ve all been through this and anything you don’t understand don’t be afraid to ask.

Best wishes
If...x

Sunnylooloo

I only can echo what has been said above


Good luck

sappy_2

Monthly Income Details[/b]
Monthly income after tax................ 500
Partners monthly income after tax....... 0
Benefits................................ 500
Other income............................ 0
Total monthly income.................... 1000
Monthly Expense Details
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 300
Management charge (leasehold property).. 0
Council tax............................. 92
Electricity............................. 25
Gas..................................... 22
Oil..................................... 0
Water rates............................. 32
Telephone (land line)................... 0
Mobile phone............................ 10
TV Licence.............................. 18
Satellite/Cable TV...................... 0
Internet Services....................... 0
Groceries etc. ......................... 250
Clothing................................ 0
Petrol/diesel........................... 0
Road tax................................ 0
Car Insurance........................... 0
Car maintenance (including MOT)......... 0
Car parking............................. 0
Other travel............................ 40
Childcare/nursery....................... 0
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 0
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 15
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 0
Haircuts................................ 0
Entertainment........................... 0
Holiday................................. 0
Emergency fund.......................... 0
Total monthly expenses.................. 804

sappy_2

Hi,

thanks I have added my list of incomings and outgoings.

If anyone can let me know if these are ok.

Thanks

ps I am currently on maternity leave which is why my income is now so low.

Is there anyway to get help with the cost of going bankrupt and does anyone know if ia m likely to be charged the whole amount for it.

beentheredonethatstilhere

sappy wrote: »

monthly income details[/b]
monthly income after tax................ 500
partners monthly income after tax....... 0
benefits................................ 500
other income............................ 0
total monthly income.................... 1000
monthly expense details
mortgage................................ 0
secured/hp loan repayments.............. 0
rent.................................... 300
management charge (leasehold property).. 0
council tax............................. 92
electricity............................. 25 will this cover winter as well? Seems very low.
gas..................................... 22 ditto
oil..................................... 0
water rates............................. 32
telephone (land line)................... 0 £50
mobile phone............................ 10 put under phone
tv licence.............................. 18
satellite/cable tv...................... 0
internet services....................... 0
groceries etc. ......................... 250 £200
clothing................................ 0 £40
petrol/diesel........................... 0
road tax................................ 0
car insurance........................... 0
car maintenance (including mot)......... 0
car parking............................. 0
other travel............................ 40 will this be enough to cover it
childcare/nursery....................... 0
other child related expenses............ 0
medical (prescriptions, dentist etc).... 0 £20
pet insurance/vet bills................. 0
buildings insurance..................... 0
contents insurance...................... 15
life assurance ......................... 0
other insurance......................... 0
presents (birthday, christmas etc)...... 0
haircuts................................ 0 £10
entertainment........................... 0
holiday................................. 0 £25
emergency fund.......................... 0
total monthly expenses.................. 804

hope that helps

sappy_2

Hi,

I have only lived in this house since november and this is the rate they have given so am not really sure for gas and elec.

The travel i only go by bus and a month pass is £40.00.

I am on maternity leave so my prescriptions are covered for free until november so i am not sure i can put that down??

thanks

confused76

sappy wrote: »

Hi,

I have only lived in this house since november and this is the rate they have given so am not really sure for gas and elec.

The travel i only go by bus and a month pass is £40.00.

I am on maternity leave so my prescriptions are covered for free until november so i am not sure i can put that down??

thanks

i would increase gas and elec by £10 each to make sure you are covered.

what about opticians and dentists, are these free at the moment (sorry, i've not been in that situation so don't know!)

sappy_2

My dentist is but opticians i do not believe is covered by the maternity exemption.

Do u think from my figures they will accept bankruptcy or do i have to much left over?