SOA Question

dollydo

Looking at filling in the bankruptcy forms today

I live with my wife, but its only me going bankrupt, so do i fill in the soa on the forms as just me and ignore her wages? All debts and finance are in my name soley.

Thanks for any advice.

confused76

hi there

you need to put your full wages and part of your wifes wages on the forms, which would just be her contribution to the household expenses - eg her share towards gas elec water council tax rent groceries. this means part of her wage is not included leaving this for her own individual expenses

does this make sense?

tigerfeet2006

You put the full household expenses, your personal expenses ie: clothes, travel etc. Then you put your full income and the amount your wife contributes to the joint household expenses. The OR will want to see she is paying a fair amount to the household.

Put up your SoA using this template and some one will check it for you.

http://www.makesenseofcards.co.uk/soacalc.html

dollydo

Thanks guys,

We both do exactly the same job for the same amount, so how much of hers do i include and where do i put her income on the forms?