Don't Know What To Do... Help Appreciated

georgesmam

Here's my SOA:
Statement of Affairs and Personal Balance Sheet
Household Information
Number of adults in household........... 2
Number of children in household......... 0
Number of cars owned.................... 0
Monthly Income Details
Monthly income after tax................ 841.47
Partners monthly income after tax....... 0
Benefits................................ 0
Other income............................ 200
Total monthly income.................... 1041.47
Monthly Expense Details
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 0
Management charge (leasehold property).. 0
Council tax............................. 214
Electricity............................. 59
Gas..................................... 45
Oil..................................... 0
Water rates............................. 41
Telephone (land line)................... 16
Mobile phone............................ 26
TV Licence.............................. 12
Satellite/Cable TV...................... 16
Internet Services....................... 16
Groceries etc. ......................... 100
Clothing................................ 10
Petrol/diesel........................... 0
Road tax................................ 0
Car Insurance........................... 0
Car maintenance (including MOT)......... 0
Car parking............................. 0
Other travel............................ 45
Childcare/nursery....................... 0
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 15
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 0
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 10
Haircuts................................ 0
Entertainment........................... 0
Holiday................................. 0
Emergency fund.......................... 15
Total monthly expenses.................. 640

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
C CARD - EGG...................1301.03...134.6.....0
C.CARD-CAP 1...................1078.25...53.91.....0
C.CARD-HALIFAX.................3297.28...76.5......0
STORECARD-ARGOS................500.......15........0
MAILORDER-VERY.................2014.46...31.84.....0
MAILORDER-GU...................3069.29...115.6.....0
C.CARD-BARCLAYCARD.............300.......7.56......0

As you can see this leaves me with a -33.54 shorfall which results in unsecured debts non-payment every month.

A Few Explanations:
-Cable/Phone/Internet; all from same provider, pay one monthly fee, divided between the 3
-No rent/mortgage as live in parents 2nd house.
-£200 other income is a non-dependants contribution, a friend living here - can't pay anymore than that.

I have had different information from different people...

CAB advised i got an unsecured loan.... baring in mind I have no credit rating due to missing payments.

My step-father suggests applying for bankruptcy seeing as I have no assets to lose, and am in minus figures if everything got paid.

A friend suggested the new Debt Relief Order - but looking at this my disposable income is too high?

I've tried searching for an IVA but two companies have told me my disposable income is too high.

Bankruptcy, I think, is probably my best option but I don't want to apply and have it turned down and lose my deposit.

Any advice would be greatly appreciated...
Thanks in advance;

GeorgesMum.

georgesmam

Forgot to include... previous employer has a CCJ out against me for overpayment of wages. £1213 ordered to pay forthwith. Have applied for re-determination; hearing @ end of next month.

georgesmam

Also forgot another debt. Debt Managers Ltd. £50 per month to pay back debt of £500. My mind is all over the place with this debt