Filling in the forms - advice please

Katie1978

Hi there,

Can someone talk me through what the OR accepts in the monthly outgoings? I heard someone talking on the radio about haircuts being included etc. Is there anything else like that that I can include and what is seen as reasonable for clothes for us and our babies?

Any advice gratefully received

Thanks

tigerfeet2006

Fill this in http://www.makesenseofcards.co.uk/soacalc.html and format to MSE and then copy onto here. Someone will check it over for you.

Katie1978

Hi, please could someone look over this for me. My husband and I are both declaring bankruptcy on Tuesday. thanks.


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.................... 1

Monthly Income Details
Monthly income after tax................ 0
Partners monthly income after tax....... 800
Benefits................................ 1310
Other income............................ 0
Total monthly income.................... 2110

Monthly Expense Details
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 750
Management charge (leasehold property).. 0
Council tax............................. 132
Electricity............................. 30
Gas..................................... 30
Oil..................................... 0
Water rates............................. 38
Telephone (land line)................... 29
Mobile phone............................ 40
TV Licence.............................. 12
Satellite/Cable TV...................... 18
Internet Services....................... 0
Groceries etc. ......................... 650
Clothing................................ 60
Petrol/diesel........................... 90
Road tax................................ 41
Car Insurance........................... 70
Car maintenance (including MOT)......... 40
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 0
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 0
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 30
Haircuts................................ 20
Entertainment........................... 10
Holiday................................. 10
Emergency fund.......................... 5
Total monthly expenses.................. 2105


Assets
Cash.................................... 0
House value (Gross)..................... 0
Shares and bonds........................ 0
Car(s).................................. 1000
Other assets............................ 0
Total Assets............................ 1000

No Secured nor Hire Purchase Debts

Unsecured Debts
Description....................Debt......Monthly...APR
Credit cards...................17250.....0.........0
Loans..........................8700......0.........0
Overdraft......................738.......0.........0
Neg eq in Repo house...........62052.....0.........0
Total unsecured debts..........88740.....0.........-


Monthly Budget Summary
Total monthly income.................... 2,110
Expenses (including HP & secured debts). 2,105
Available for debt repayments........... 5
Monthly UNsecured debt repayments....... 0
Amount left after debt repayments....... 5

Personal Balance Sheet Summary
Total assets (things you own)........... 1,000
Total HP & Secured debt................. -0
Total Unsecured debt.................... -88,740
Net Assets.............................. -87,740

fiveyearplan

Look at your other thread - there are many comments on there about your SOA.