Help with SOA

beardc02

Hiya, can someone please tell me if my SOA looks ok or if I have filled bits out wrong?

Household Information[/b]
Number of adults in household........... 2
Number of children in household......... 1
Number of cars owned.................... 1

Monthly Income Details
Monthly income after tax................ 765
Partners monthly income after tax....... 899
Benefits................................ 160
Other income............................ 0
Total monthly income.................... 1824

Monthly Expense Details
Mortgage................................ 610
Secured/HP loan repayments.............. 169
Rent.................................... 0
Management charge (leasehold property).. 60
Council tax............................. 100
Electricity............................. 80
Gas..................................... 0
Oil..................................... 0
Water rates............................. 20
Telephone (land line)................... 12
Mobile phone............................ 50
TV Licence.............................. 13
Satellite/Cable TV...................... 16
Internet Services....................... 10
Groceries etc. ......................... 430
Clothing................................ 60
Petrol/diesel........................... 100
Road tax................................ 19
Car Insurance........................... 20
Car maintenance (including MOT)......... 35
Car parking............................. 12
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 0
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 10
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 0
Haircuts................................ 20
Entertainment........................... 0
Holiday................................. 60
Emergency fund.......................... 0
Total monthly expenses.................. 1906

Assets
Cash.................................... 0
House value (Gross)..................... 103000
Shares and bonds........................ 0
Car(s).................................. 1500
Other assets............................ 0
Total Assets............................ 104500

Secured & HP Debts
Description....................Debt......Monthly.. .APR
Mortgage...................... 103000...(610)......5.9
Secured Debt.................. 11000....(132)......0
Hire Purchase (HP) debt ...... 900......(37).......0
Total secured & HP debts...... 114900....-.........-

Unsecured Debts
Description....................Debt......Monthly.. .APR
credit card....................6800......92........0
credit card....................3600......108.......0
credit card....................620.......11........0
catalogue......................115.......5........ .0
credit card....................2450......50........0
Total unsecured debts..........13585.....266.......

Monthly Budget Summary
Total monthly income.................... 1,824
Expenses (including HP & secured debts). 1,906
Available for debt repayments........... -82
Monthly UNsecured debt repayments....... 266
Amount short for making debt repayments. -348

Personal Balance Sheet Summary
Total assets (things you own)........... 104,500
Total HP & Secured debt................. -114,900
Total Unsecured debt.................... -13,585
Net Assets.............................. -23,985

My husband is self employed as well as working full time. He has a seperate bank account for which he pays for a his driving instructor car and car insurance from this each month (car is £200 and insurance is £30). I haven't listed this above as not sure if it needs to be seperate or not?

He doesn't really have a turnover at present as just money he makes at present pays for the car and insurance so company currently at a loss or just ticking over. Any advice if I should include this and how, or if it just goes on his SOA?

The only other thing which I have forgotten to put on there is my exercise group I go to which I suppose is classed as entertainment for £20 per month, is this cheeky putting it on there I mean we can barely afford it so I shouldn't do it to be honest?!

Thanks in advance,

beardc02

Also, where abouts do I list all of the individual stuff as on the SOA form online it gives you space to put about 5 things like mortgage, water, council tax etc and then a box to add other essentials. Do I just add it in here? I expected to see a form like this list above with everything mentioned?

Thanks

NittyGritty

yes i have the same problem, will the online forms be accepted in court on the day or do you need offical ones at the court to fill in and hand in? i,m filling mine in on "the insolvency service" online, will this be fine to just print off and hand in ?

dojoman

Yes, you will need to print off 3 copies of form 6.27 and 6.28. Take them to the court, but do not sign them until you are told to by the clerk of the court.

NittyGritty

is that 3 copies of each? or just 2 of 1 and 1 of other?

philnicandamy

3 copies of ALL

NittyGritty

sorry about my last post what i meant to say was
do i need 3 copies of each of the following below?
Debtors Bankruptcy Petition (form 6.27)
Statement of Affairs (Debtor's Petition) (form 6.28)

philnicandamy

dojoman wrote: »

Yes, you will need to print off 3 copies of form 6.27 and 6.28. Take them to the court, but do not sign them until you are told to by the clerk of the court.

NittyGritty wrote: »

sorry about my last post what i meant to say was
do i need 3 copies of each of the following below?
Debtors Bankruptcy Petition (form 6.27)
Statement of Affairs (Debtor's Petition) (form 6.28)

just a small addition

tigerfeet2006

Before looking at your SOA can I just ask if you are going to try to stay in the house or will you rent before you go BR? At the moment your housing costs are rather high.

NittyGritty

ive just completed the statement of affairs on the insolvency online website, are the 2 forms required 6.27 and 6,28? merged into that one online form? i,m a bit thick just wanted to make sure,

IF

NittyGritty wrote: »

ive just completed the statement of affairs on the insolvency online website, are the 2 forms required 6.27 and 6,28? merged into that one online form? i,m a bit thick just wanted to make sure,

Yes they are and once you print them off it will become more apparent x