We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

SOA Question

Options
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.

Comments

  • confused76
    confused76 Posts: 12,680 Forumite
    Part of the Furniture Combo Breaker
    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
    tigerfeet2006 Posts: 14,030 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    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
    BSCno.87
    The only stupid question is an unasked one
    Loving life as a Kernow Hippy
  • dollydo
    dollydo Posts: 135 Forumite
    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?
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350.8K Banking & Borrowing
  • 253K Reduce Debt & Boost Income
  • 453.5K Spending & Discounts
  • 243.8K Work, Benefits & Business
  • 598.6K Mortgages, Homes & Bills
  • 176.8K Life & Family
  • 257K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.