The january 2011 br club.

dojoman

missminx007

hi all, it looks like im going to have to go bankrupt, ive done my SOA today and without any entertainment/fags for hubby or an occasional takeaway we are still falling about 170 quid short!!!
So, I'm sure I will be mooching about these parts for a fair while to come while I sort this mess out
So, Hello everyone!!

dojoman

missminx007 wrote: »

hi all, it looks like im going to have to go bankrupt, ive done my SOA today and without any entertainment/fags for hubby or an occasional takeaway we are still falling about 170 quid short!!!
So, I'm sure I will be mooching about these parts for a fair while to come while I sort this mess out
So, Hello everyone!!

Hi and welcome, any questions then just ask away:)

missminx007

thank you, here is my SOA, if anyone has any advice that would be great. I'm going to phone debtline today if little one goes to bed early enough before they shut. Does this look ok or can anyone foresee any problems?
Just for the record I dont work and my husband is SE, all debts and mortgage are in my name so it will just be me who is going BR

Statement of Affairs and Personal Balance Sheet
Household Information
Number of adults in household........... 2
Number of children in household......... 1
Number of cars owned.................... 1
Monthly Income Details
Monthly income after tax................ 833
Partners monthly income after tax....... 0
Benefits................................ 351
Other income............................ 0
Total monthly income.................... 1184
Monthly Expense Details
Mortgage................................ 321
Secured/HP loan repayments.............. 0
Rent.................................... 150
Management charge (leasehold property).. 100
Council tax............................. 100
Electricity............................. 80
Gas..................................... 40
Oil..................................... 0
Water rates............................. 5
Telephone (land line)................... 15
Mobile phone............................ 40
TV Licence.............................. 10
Satellite/Cable TV...................... 10
Internet Services....................... 15
Groceries etc. ......................... 200
Clothing................................ 10
Petrol/diesel........................... 50
Road tax................................ 20
Car Insurance........................... 56
Car maintenance (including MOT)......... 20
Car parking............................. 0
Other travel............................ 20
Childcare/nursery....................... 0
Other child related expenses............ 20
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)...... 20
Haircuts................................ 5
Entertainment........................... 0
Holiday................................. 0
Emergency fund.......................... 0
Total monthly expenses.................. 1307

Assets
Cash.................................... 0
House value (Gross)..................... 52
Shares and bonds........................ 0
Car(s).................................. 1000
Other assets............................ 0
Total Assets............................ 1052

Secured & HP Debts
Description....................Debt......Monthly...APR
Mortgage...................... 56856.7..(321)......4.79
Total secured & HP debts...... 56856.7...-.........-
Unsecured Debts
Description....................Debt......Monthly...APR
egg credit card................6000......0.........0
Llloyds TSB ...................3012......0.........0
Npower Elec ...................1164......20........0
Orange.........................130.......0.........0
BT.............................109.......0.........0
Aspen Court Managemen..........400.......0.........0
Npower Gas.....................699.......20........0
Total unsecured debts..........11514.....40........-

Monthly Budget Summary
Total monthly income.................... 1,184
Expenses (including HP & secured debts). 1,307
Available for debt repayments........... -123
Monthly UNsecured debt repayments....... 40
Amount short for making debt repayments. -163
Personal Balance Sheet Summary
Total assets (things you own)........... 1,052
Total HP & Secured debt................. -56,856.7
Total Unsecured debt.................... -11,514
Net Assets.............................. -67,318.7
Created using the SOA calculator at www.makesenseofcards.com.
Reproduced on Moneysavingexpert with permission, using IE browser.

sizzler

Welcome to all and please ask any questions and we will try and help:)

It is hard but will get better::beer:

likabu_2

My br date has crept up on me - tomorrow :eek:!

Angiepange

likabu wrote: »

My br date has crept up on me - tomorrow :eek:!

Hi likabu

Just to wish you all the best for tomorrow.

Let us know how you get on

Angiepange

missminx007 wrote: »

hi all, it looks like im going to have to go bankrupt, ive done my SOA today and without any entertainment/fags for hubby or an occasional takeaway we are still falling about 170 quid short!!!
So, I'm sure I will be mooching about these parts for a fair while to come while I sort this mess out
So, Hello everyone!!

Hi missminx:wave:

Welcome to the forum.

You may get more replies if you start a new thread and post your SOA on that. It will probably get viewed more that way.

I would advise, but not that experienced with SOA's.:o Mine and hubbys was not even commented on by the OR so can'y give you the benefit of my experience

Good luck

likabu_2

Angiepange wrote: »

Hi likabu

Just to wish you all the best for tomorrow.

Let us know how you get on

Thank you

gtanny

Hi all, im not yet in the jan 11 BR club but i am booked in for the 31st at 9.15

im nervous but looking forward to it at the same time as ive been putting it off for so long.

all my paperwork is done but ive got a couple of mistakes so i got a couple of fresh forms today and will be redoing them slowly and as neat as possible, only real mistakes are a couple of spelling errors and i left my dad off my creditors as he has basically helped me survive over the last few months so im putting him down for £500 but i get the feeling i owe him more.

roll on 1 week