My SOA- Have a CAB appointment Tuesday :)

jayne60

Hi, my O/R was great, he included things in my soa, that I hadnt thought of, clothing, holidays, gas and electricity is 120 p/m allowance, I have sky tv and a mobile phone, he said he wasnt interested in them, they dont want you to live like paupers, but not an overly lavish life style either, good luck x

impulsive1

Does anyone know what happens in terms of pensions?
I started work with my new employer 3 months ago and I want to swop my pension over to them (aviva) they will take £39.98 every month but I can pay in more if I want. It will be deducted before I am paid meaning my salary will show £1570 minus the £39.98 or more if I chose. any words of advice?

impulsive1

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................ 1570
Partners monthly income after tax....... 0
Benefits................................ 0
Other income............................ 0
Total monthly income.................... 1570

Monthly Expense Details
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 475
Management charge (leasehold property).. 0
Council tax............................. 114
Electricity............................. 43
Gas..................................... 43
Oil..................................... 0
Water rates............................. 61.7
Telephone (land line)................... 0
Mobile phone............................ 36
TV Licence.............................. 12.12
Satellite/Cable TV...................... 20
Internet Services....................... 17.5
Groceries etc. ......................... 350
Clothing................................ 100
Petrol/diesel........................... 0
Road tax................................ 0
Car Insurance........................... 0
Car maintenance (including MOT)......... 0
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 88
Medical (prescriptions, dentist etc).... 8
Pet insurance/vet bills................. 20
Buildings insurance..................... 0
Contents insurance...................... 16
Life assurance ......................... 17
Other insurance......................... 0
Presents (birthday, christmas etc)...... 20
Haircuts................................ 20
Entertainment........................... 0
Holiday................................. 0
Emergency fund.......................... 0
Total monthly expenses.................. 1461.32


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
Total unsecured debts..........0.........0.........-


Monthly Budget Summary
Total monthly income.................... 1,570
Expenses (including HP & secured debts). 1,461.32
Available for debt repayments........... 108.68
Monthly UNsecured debt repayments....... 0
Amount left after debt repayments....... 108.68

Personal Balance Sheet Summary
Total assets (things you own)........... 0
Total HP & Secured debt................. -0
Total Unsecured debt.................... -0
Net Assets.............................. 0

tigerfeet2006

Why have you not put any contribution down for your partner?

impulsive1

He has only just got a job so he doesn't have an income as of yet. It is unclear as to whether or not he will be contributing as everything is up in the air in terms of housing arrangements.
He doesn't want any part of the bankruptcy and I don't blame him as it's all mine and my ex husbands debts. I don't want any of his income or property involved. If it means him moving out whilst I sort it then he will and that's why it is a little up in the air at the moment

PippaGirl_2

He doesn't need to get involved in the BR but it is completely normal for people to pay for their own living costs rent/bills/food etc.

kepar

impulsive1 wrote: »

He has only just got a job so he doesn't have an income as of yet. It is unclear as to whether or not he will be contributing as everything is up in the air in terms of housing arrangements.
He doesn't want any part of the bankruptcy and I don't blame him as it's all mine and my ex husbands debts. I don't want any of his income or property involved. If it means him moving out whilst I sort it then he will and that's why it is a little up in the air at the moment

On the figures you quote you will get an IPA, that will last for 3 years.
So by your reasoning your partner will move out for this length of time.
As Pippa says, if you do declare him but not his income , he will be expected to contribute 50% of the outgoings. This will mean that you will have extra to pay into the IPA.

So it is up to you, pay a higher IPA or live apart for three years.

impulsive1

He is only working part time though so he wouldn't have enough to contribute to make it 50% of the outgoings.
It's really frustrating that he is being dragged into something that has no concern to the bankruptcy

PippaGirl_2

As with anyone if he is not able to afford to share the costs of living with you, he will need to live somewhere that he can afford. That would be the case even without BR. Maybe he could find a full time job so that he could afford to live with you at some stage.

tigerfeet2006

OK so he is earning money. If he is living with you as you indicate on your SoA then he needs to be using some of that money to pay for joint household outgoings. That doesn't need to be 50% but in relation to his earnings.