full and final offers and debts help!!

fatbelly

If I were you I'd get a second opinion on the DRO route (CAB possibly). The difference between £80 surplus income and £50 surplus income (per month) equates to only £7 per week.

I'm not suggesting that CCCS have done anything 'wrong' in their calculations but we are all influenced by how we are funded. And most DROs are done through CAB.

I'll happily take a look at your SOA if you want. It might be best to post it in a new thread on the bankruptcy board (different way of looking at it). Please pm me if you do that as I might miss it otherwise.

the_jaybird

Statement of Affairs and Personal Balance Sheet

Household Information
Number of adults in household........... 2
Number of children in household......... 1

Monthly Income Details
Monthly income after tax................ 530
Benefits................................ 120
Total monthly income.................... 650

Monthly Expense Details
Rent.................................... 300 (my partner pays remainder and all other bills)
Mobile phone............................ 30
Satellite/Cable TV...................... 70
Groceries etc. ......................... 100
Other travel............................ 48
Medical (prescriptions, dentist etc).... 10
Buildings insurance..................... 12
Total monthly expenses.................. 570


Assets
Shares and bonds........................ 180
Total Assets............................ 180


Creditors
avon............................ 50
cabot............................ 50
eos ............................ 50
newman and co............................ 70
gdr............................ 100
anglian water ............................200
lowell ............................340
robinson way ............................380
fenton coop ............................500
wescot owing ............................1700
studio ............................2200
fashion world ............................1500
brill gift shop ............................300
jd williams ............................200
simpy yours ............................600
capital one............................300
vanquis ............................ 300
aqua............................250
overdraft............................300
total unsecured debt............................9390


ALL DEBTS ARE SOLELY IN MY NAME

BigCraigJohn

Any charges or ppi you can reclaim back?. Anything such as late, overlimit, letter fees etc are all reclaimable.
Could make a serious dent.

the_jaybird

THANKS for everyones help and support i feel a bit more positive about things now

the_jaybird

BigCraigJohn wrote: »

Any charges or ppi you can reclaim back?. Anything such as late, overlimit, letter fees etc are all reclaimable.
Could make a serious dent.

i have £50 charges im trying to claim back from capital one but there not having it i have sent all template letters from here but they have refused to pay back.
i dont think there is anything else i can reclaim on any other accounts though

BigCraigJohn

the_jaybird wrote: »

i have £50 charges im trying to claim back from capital one but there not having it i have sent all template letters from here but they have refused to pay back.
i dont think there is anything else i can reclaim on any other accounts though

Well dont let it lie. You can take them to court and I gather cap1 cough up when court papers come in.
You can also look at the enforceability of the cards/loans etc if you havnt already especially on those that have defaulted as you probably will be.
Have a look at this. Post related questions in NIDS thread for individual advice.

https://forums.moneysavingexpert.com/discussion/2532927

bottleofred

Hi,

If you contact the credit card companies by writing and enclose a financial statement, they may freeze the interest if you can agree on a monthly repayment figure. Regarding the possibility of going Bankrupt, it's probably a non starter as I think you'll have to pay to do so, unless one of the creditors goes for it and that's not going to happen as they want money from you and by making you Bankrupt, it would cost them money and they would not see another penny from you.

the_jaybird

BigCraigJohn


to get a court thing done do i have to pay to moneyclaim or someone like that and will they fold....i dont want to go to court!!

BigCraigJohn

the_jaybird wrote: »

BigCraigJohn


to get a court thing done do i have to pay to moneyclaim or someone like that and will they fold....i dont want to go to court!!

You can do the online money claim thing. Ask for the costs etc. From what I gather they dont defend.