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dro
Comments
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Will your benefits be reduced? Will your transport costs increase?
The fact that you will be bringing in an extra £170 doesn't mean that your surplus income will rise £1700 -
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Hmmm. Strictly speaking you should inform the DRO unit if your surplus income rises above £50 pm during your morotorium period and your DRO will then be revoked0
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The 12 months of the DRO.
It might be worth working out a new SoA with the new pay and expenses and putting it on the DRO thread and asking people if they have any comments. You may find that you do have less left than you thought.BSCno.87The only stupid question is an unasked oneLoving life as a Kernow Hippy0 -
Statement of Affairs and Personal Balance Sheet
Monthly Income Details
Monthly income after tax................ 625
Partners monthly income after tax....... 0
Benefits................................ 0
Other income............................ 146
Total monthly income.................... 771
Monthly Expense Details
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 30
Management charge (leasehold property).. 0
Council tax............................. 0
Electricity............................. 0
Gas..................................... 0
Oil..................................... 0
Water rates............................. 0
Telephone (land line)................... 25
Mobile phone............................ 0
TV Licence.............................. 0
Satellite/Cable TV...................... 0
Internet Services....................... 0
Groceries etc. ......................... 293
Clothing................................ 35
Petrol/diesel........................... 0
Road tax................................ 0
Car Insurance........................... 0
Car maintenance (including MOT)......... 0
Car parking............................. 0
Other travel............................ 80
Childcare/nursery....................... 50
Other child related expenses............ 10
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)...... 0
Haircuts................................ 35
Entertainment........................... 25
Holiday................................. 0
Emergency fund.......................... 30
Total monthly expenses.................. 613
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
full debt......................9871......0.........0
Total unsecured debts..........9871......0.........-
Monthly Budget Summary
Total monthly income.................... 771
Expenses (including HP & secured debts). 613
Available for debt repayments........... 158
Monthly UNsecured debt repayments....... 0
Amount left after debt repayments....... 158
Personal Balance Sheet Summary
Total assets (things you own)........... 0
Total HP & Secured debt................. -0
Total Unsecured debt.................... -9,871
Net Assets.............................. -9,871
Created using the SOA calculator at www.makesenseofcards.com.
Reproduced on Moneysavingexpert with permission, using IE browser.0 -
Errr
Rent = £30 per month - in Sept you said £410
Council Tax = £0 - in Sept you said £177
TimI Also Post On Other Forums
My advice is guidance only, if you want the law then consult a lawyerPlease note that I DO NOT give advice by Private Message, this is to protect both you and me. However you can draw my attention to a particular topic by PM0 -
Unless your partner is in a DRO or bankruptcy, then there is nothing to stop you paying more rent and half the council tax!
TimI Also Post On Other Forums
My advice is guidance only, if you want the law then consult a lawyerPlease note that I DO NOT give advice by Private Message, this is to protect both you and me. However you can draw my attention to a particular topic by PM0
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