How to complete Income/Expenditure when self employed

JJJ999

Hi

Sorry if this is the wrong place but could not find a better match.

I am currently not bankrupt and have no plans at the moment. I do, however, have some debts I am being chased for. One in particular is for £8k and I am being hounded to agree to paying a specific monthly amount - I keep telling them that I am self employed and get paid as and when I get paid by a client, but they want me to complete a I/E form which assumes a monthly amount.

Should I take the earnings for the last x months and divide and give that as a monthly amount or what? My concern is it will show I have a certain amount available to pay them but this can change as some months I get paid nothing.

As an example, last year I spend about 5 months getting no pay at all, then I did several deals and got paid £6k - of course a lot of this went towards paying back what I borrowed from people to get by, and the rest went towards stocking the cupboards etc up to prepare for the next spell of no pay (currently 3 months since I last had any payment)

Please help, 1st credit are just not understanding me. Frustratingly they keep saying 'if you wont pay' which I always correct them to 'cant' but they are doing my head in - I want to just shake them!!

Thanks in advance
JJJ

IF

Hi JJJ, I would post your question on the DFW Board. You will get more help and support there.

The Debt-Free Wannabe Board - Click here

Best wishes
If...x

JJJ999

Thanks - will do

skintandfat

Give them an I&E that shows you have more going out than you have coming in

Then offer £1.00 per month, job done

I was self employed and found many creditors were terrible to deal with.
I just showed I was skint and we were using benefits to pay mortgage and everything else was going by the by

After that they laid off