bankruptcy

tigerfeet2006

misty2730 wrote: »

[tt]Statement of Affairs and Personal Balance Sheet
Household Information
Number of adults in household........... 2
Number of children in household......... 2
Number of cars owned.................... 0
Monthly Income Details
Monthly income after tax................ 410
Partners monthly income after tax....... 1550
Benefits................................ 138
Other income............................ 0
Total monthly income.................... 2098
Monthly Expense Details
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 410
Management charge (leasehold property).. 0
Council tax............................. 107
Electricity............................. 55
Gas..................................... 55
Oil..................................... 0
Water rates............................. 40
Telephone (land line)................... 17
Mobile phone............................ 26 Put under land line. Max. £60
TV Licence.............................. 13
Satellite/Cable TV...................... 100 you won't be able to include this on your SoA, it will have to come from any surplus you have.
Internet Services....................... 8 ditto unless required for work or school.
Groceries etc. ......................... 600 the OR may cut this slightly but I would leave it and see.
Clothing................................ 20 £120
Petrol/diesel........................... 120
Road tax................................ 0
Car Insurance........................... 0
Car maintenance (including MOT)......... 0
Car parking............................. 0
Other travel............................ 40 what is this?
Childcare/nursery....................... 20
Other child related expenses............ 30 £5 per week per child for activities. School dinners £2 per day for primary and £3 for secondary.
Medical (prescriptions, dentist etc).... 15 £30
Pet insurance/vet bills................. 16 £20 as you will have to pay for things like injections and excess on top of insurance.
Buildings insurance..................... 0
Contents insurance...................... 16
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 10 Most OR's won't allow.
Haircuts................................ 20 £10 per adult £5 per child
Entertainment........................... 20 not allowed
Holiday................................. 10 £70/80
Emergency fund.......................... 0
Total monthly expenses.................. 1768

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
all debt.......................37000.....0.........0
Total unsecured debts..........37000.....0.........-

Monthly Budget Summary
Total monthly income.................... 2,098
Expenses (including HP & secured debts). 1,768
Available for debt repayments........... 330
Monthly UNsecured debt repayments....... 0
Amount left after debt repayments....... 330
Personal Balance Sheet Summary
Total assets (things you own)........... 0
Total HP & Secured debt................. -0
Total Unsecured debt.................... -37,000
Net Assets.............................. -37,000
[/tt]

Have a play round with your figures. If you feel you can't find the money for the Sky out of your budget then you can include it in your BR.

misty2730

right ive edited it hope im its getting better

misty2730

any one know with the figures i have given is bankruptcy my best option please i feel so stressed.

confused76

hi there
have you taken advice from one of the debt charities? they will be able to assess your situation and give you your options. try giving the national debtline or cccs a call, or make an appointment with the cab

it's hard to say what your best option is, and this is for you to work out
please call one of the above tomorrow, you will feel better for knowing where you stand x

misty2730

confused76 wrote: »

hi there
have you taken advice from one of the debt charities? they will be able to assess your situation and give you your options. try giving the national debtline or cccs a call, or make an appointment with the cab

it's hard to say what your best option is, and this is for you to work out
please call one of the above tomorrow, you will feel better for knowing where you stand x

i have an appointment on thursday i just cant stop thinking about what to ,whos going to ring how much they are all going to want
sorry just stressed atm thanks any way

confused76

i know, it's a very stressful time....who is your appointment with, the cab?
don't answer the phone if you're getting grief x

misty2730

confused76 wrote: »

i know, it's a very stressful time....who is your appointment with, the cab?
don't answer the phone if you're getting grief x

no my appointment is with cccs