Dwp debt managment can not keep up payment help

baza52

liverpoo wrote: »

[tt]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................ 404.21
Partners monthly income after tax....... 0
Benefits................................ 541
Other income............................ 0
Total monthly income.................... 945.21
Monthly Expense Details
Mortgage................................ 200
Secured/HP loan repayments.............. 0
Rent.................................... 0
Management charge (leasehold property).. 0
Council tax............................. 122
Electricity............................. 60
Gas..................................... 93.14
Oil..................................... 0
Water rates............................. 22.88
Telephone (land line)................... 32
Mobile phone............................ 15
TV Licence.............................. 11.88
Satellite/Cable TV...................... 0
Internet Services....................... 20
Groceries etc. ......................... 200
Clothing................................ 100
Petrol/diesel........................... 60
Road tax................................ 10.41
Car Insurance........................... 550
Car maintenance (including MOT)......... 150
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 20
Medical (prescriptions, dentist etc).... 0
Pet insurance/vet bills................. 0
Buildings insurance..................... 300
Contents insurance...................... 100
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 0
Haircuts................................ 20
Entertainment........................... 0
Holiday................................. 0
Emergency fund.......................... 0
3 star service contract................. 180
Total monthly expenses.................. 2267.31

Assets
Cash.................................... 100
House value (Gross)..................... 130
Shares and bonds........................ 0
Car(s).................................. 1500
Other assets............................ 0
Total Assets............................ 1730

Secured & HP Debts
Description....................Debt......Monthly...APR
Mortgage...................... 6725.....(200)......0
Total secured & HP debts...... 6725......-.........-
Unsecured Debts
Description....................Debt......Monthly...APR
Total unsecured debts..........0.........0.........-

Monthly Budget Summary
Total monthly income.................... 945.21
Expenses (including HP & secured debts). 2,267.31
Available for debt repayments........... -1,322.1
Monthly UNsecured debt repayments....... 0
Amount short for making debt repayments. -1,322.1
Personal Balance Sheet Summary
Total assets (things you own)........... 1,730
Total HP & Secured debt................. -6,725
Total Unsecured debt.................... -0
Net Assets.............................. -4,995
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Are you sure the figures you gave in red are all monthly?
You seem to spend a lot on phones/internet. £67 a month.

Is your house only worth £130...

chesky369

you beat me to it baza - my contents insurance is £29 per month and my buildings insurance £38.

woozywendy

liverpoo wrote: »

[tt]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................ 404.21
Partners monthly income after tax....... 0
Benefits................................ 541
Other income............................ 0
Total monthly income.................... 945.21
Monthly Expense Details
Mortgage................................ 200
Secured/HP loan repayments.............. 0
Rent.................................... 0
Management charge (leasehold property).. 0
Council tax............................. 122
Electricity............................. 60
Gas..................................... 93.14
Oil..................................... 0
Water rates............................. 22.88
Telephone (land line)................... 32
Mobile phone............................ 15
TV Licence.............................. 11.88
Satellite/Cable TV...................... 0
Internet Services....................... 20
Groceries etc. ......................... 200
Clothing................................ 100
Petrol/diesel........................... 60
Road tax................................ 10.41
Car Insurance........................... 550
Car maintenance (including MOT)......... 150
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 20
Medical (prescriptions, dentist etc).... 0
Pet insurance/vet bills................. 0
Buildings insurance..................... 300
Contents insurance...................... 100
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 0
Haircuts................................ 20
Entertainment........................... 0
Holiday................................. 0
Emergency fund.......................... 0
3 star service contract................. 180
Total monthly expenses.................. 2267.31

Assets
Cash.................................... 100
House value (Gross)..................... 130
Shares and bonds........................ 0
Car(s).................................. 1500
Other assets............................ 0
Total Assets............................ 1730

Secured & HP Debts
Description....................Debt......Monthly...APR
Mortgage...................... 6725.....(200)......0
Total secured & HP debts...... 6725......-.........-
Unsecured Debts
Description....................Debt......Monthly...APR
Total unsecured debts..........0.........0.........-

Monthly Budget Summary
Total monthly income.................... 945.21
Expenses (including HP & secured debts). 2,267.31
Available for debt repayments........... -1,322.1
Monthly UNsecured debt repayments....... 0
Amount short for making debt repayments. -1,322.1
Personal Balance Sheet Summary
Total assets (things you own)........... 1,730
Total HP & Secured debt................. -6,725
Total Unsecured debt.................... -0
Net Assets.............................. -4,995
[/tt]

Are these figures correct??? £400 per month for house and buildings insurance? £550 per month car insurance?

what is 3 star service contract? Are the 2 adults in the house both working?

Lou76

woozywendy wrote: »

Are these figures correct??? £400 per month for house and buildings insurance? £550 per month car insurance?

what is 3 star service contract?

I think it's probably their British Gas boiler/central heating maintenance. It used to be called 3 star service, or something like that, but it's got a new name these days.

I have this contract also and it's £15 per month, therefore the quoted figure would be the annual amount.

woozywendy

Thanks Lou76.

Was also wondering about the income. It states there are 2 adults in the household but it looks like there is only 1 wage and benefits coming in. Are you reading it that way too?

liverpoo

I only work and my wife has depression, as sh can be happy and sometimes moody. My son is hard work, as he can not dress himself nor eat himself.

Car insurance, Building and content insurance, car maintenance this should be for the year.

My wife she keep spending on the shoes, dress and purses and i have told her so many times, she never listen to me, i think it woman thing.

3 star is the bolier protection for the year.

Gas and electric are high due to victorian house with high ceiling and winter is very cold, so heating is mostly on at morning/evening weekdays and weekends all day. Gas fire all day during winter in 1 room.

Electric oven, iron, microwave, as these take lot of electricty used.

My debt is with Department for Work and Pension@ Debt Managment.

Jowo_2

This should be on the Debt Free Wanabee board where the debt experts live. You need to complete the SOA accurately as muddling annual and monthly outgoings simply confuses matters. Re-post it there and make sure you are consistent and only post the monthly sum rather than x12 the sum by accident by sticking down the annual sum.

Check your benefit entitlements on the Entitled To (turn2us).

liverpoo

[tt]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................ 404.21
Partners monthly income after tax....... 0
Benefits................................ 541
Other income............................ 0
Total monthly income.................... 945.21

Monthly Expense Details
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 0
Management charge (leasehold property).. 0
Council tax............................. 122
Electricity............................. 60
Gas..................................... 93.14
Oil..................................... 0
Water rates............................. 22.88
Telephone (land line)................... 32
Mobile phone............................ 15
TV Licence.............................. 11.88
Satellite/Cable TV...................... 0
Internet Services....................... 20
Groceries etc. ......................... 200
Clothing................................ 100
Petrol/diesel........................... 60
Road tax................................ 10.41
Car Insurance........................... 45.83
Car maintenance (including MOT)......... 12.5
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 20
Medical (prescriptions, dentist etc).... 0
Pet insurance/vet bills................. 0
Buildings insurance..................... 25
Contents insurance...................... 8.33
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 0
Haircuts................................ 20
Entertainment........................... 0
Holiday................................. 0
Emergency fund.......................... 15
Total monthly expenses.................. 893.97


Assets
Cash.................................... 100
House value (Gross)..................... 130
Shares and bonds........................ 0
Car(s).................................. 1500
Other assets............................ 0
Total Assets............................ 1730

No Secured nor Hire Purchase Debts

Unsecured Debts
Description....................Debt......Monthly...APR
loan...........................6725......200.......0
Total unsecured debts..........6725......200.......-


Monthly Budget Summary
Total monthly income.................... 945.21
Expenses (including HP & secured debts). 893.97
Available for debt repayments........... 51.24
Monthly UNsecured debt repayments....... 200
Amount short for making debt repayments. -148.76

Personal Balance Sheet Summary
Total assets (things you own)........... 1,730
Total HP & Secured debt................. -0
Total Unsecured debt.................... -6,725
Net Assets.............................. -4,995

[/tt]

Jowo_2

sorry but I'm still confused. Where has your £200 per month mortgage gone?

You appear to be paying approx £115 repayment to another creditor apart from DWP (which you mentioned before as being related to your house purchase) - have you tried to negotiate lower payments to them?

welshmoneylover

Tell ur wife if she wants shoes etc, she'll have to find work and fund them herself