I&E/SOAs Research

NekoZombie

Hello guys!

Now, as we have all come to find out, these boards are an amazing resource for those looking to find further information about bankruptcy through the various stages. Recently, we've been giving a lot of help on SOAs (or I&Es depending on where you're from) which has prompted a few questions for me. I am interested in creating some sort of guidelines based on people past experiences with the OR. Now here's where I need your help!

Please post on this thread with details of the size of your family e.g. one adult, two teens, and then details of your agreed soa with the O.R. Alternatively, post what you've submitted to the OR and are waiting to hear back on - but make this clear.

I'm hoping once I've collated all the info I can construct some broad guidelines based on what O.R's have agreed in the past. The idea being, if you're a family on four, with a cat, you'll be able to come on here and have some idea of what you can account for, and hopefully not be too worried about what the O.R. will say. Richard_S is going to compile a report of household income and expenditure in the U.K. which we could also use I'm sure.

I do realise that O.R's are different, hence why I say *broad* guidelines, but I do think this could be a helpful resource to people. If you think I'm mad, feel free to say so. I call it research! :beer:

NekoZombie

So, I'll get the ball rolling with mine.

Single person, no dependents, awaiting decision from the OR

Income £1,340.24

Expenditure

Rent, including gas, electricity and council tax £600
Housekeeping £250
Travel (Oyster zones 1-3) plus travel to visit family in Epsom £115
Clothing £40
Insurance: contents, personal possessions & accidental £7
Hair £10
Dentist £32
Prescriptions £15
Eye care £4
Holiday £40
Education/Birthdays/Christmas £50
Dry-cleaning £10
Student Loans Repayment £140.95
Deposit Payment (for 5 months) £100
Gym Membership £44.95
Mobile £35
Internet £7

NekoZombie

You'll notice some obvious ones in there that the OR will toss out the window. A tactic I deployed on purpose so they *think* they're doing their jobs, hehe.

gettingitsorted

OK MINE IS

2 ADULTS 4 KIDS .

HAS BEEN ACCEPTED BY OR.


rent/mortgage 470
telephones 40
gas/elec 61
water 38
TV licence 11
council tax 100
travel 180
school meals 40
housekeeping 500
birthday etc 60
hair 30
optical 20
holiday 40

NekoZombie

No dentist/ tv license GIS?

Mike_St_Helens

Good Idea NZ ! :T

There are 2 of us, both working, no kids... Some of my expenses such as clothing where increased due to work and the athsma thing,. well thats OH's as 'prescribed' by the quack. Most other stuff is split right down the middle. Our IPA is joint though.

Mortgage £470.00
Council Tax £100.00
Building Insurance £35.00
Gas £60.00
Electricity £50.00
Water £30.00
Hols £60.00
TV Licence £12.00
Telephone £50.00
Road Tax/MOT £20.00
Car Insurance £40.00
Petrol & Bus £200.00
Car Maintenance £40.00
Breakdown Cover £10.00
Food\Household £320.00
Dry Cleaning £20.00
Clothing/Footwear £70.00
Haircuts £20.00
Asthma /Exersise £30.00
Prescriptions £15.00
Dentist/Glasses £15.00
Pet Insurance £10.00
Pets £25.00

Total Expenditure £1,702.00
Total Income £1,950.00

Surplus @ £248 - IPA @ 60% rounded to £130 per month IPA (Although 6 months in they still havent asked for it !!!

makingendsmeet_2

How can we spend £500 P/M on housekeeping GIS yet there is no beer in the fridge. Maybe I should do the the shopping.:rotfl:

NekoZombie

makingendsmeet wrote: »

How can we spend £500 P/M on housekeeping GIS yet there is no beer in the fridge. Maybe I should do the the shopping.:rotfl:

Ohoh! GIS, I say run - make for the hills! :rotfl:

gettingitsorted

NekoZombie wrote: »

Ohoh! GIS, I say run - make for the hills! :rotfl:

:rotfl: it ok neko i wear the trousers so he best run :rotfl:

gettingitsorted

iv said on other posts my income expenditure for the OR was very basic,as at the time only makingendsmeet was working so with only one income did not need to put alot down to be in minus figures lol

scootw1

Single, no children, salary 1449 a month

Rent 250
Housekeeping 220
Gas 15
Electric 37
Council tax 55
Water 21
TV 11
Medical/Dental 30
Optical 20
Haircuts 10
Student loan repayment 50
Birthdays/Christmas/Holidays 60
Dry cleaning 20
Travel 90
telephone 30
Clothing 40

Total 959, leaving 490 surplus, IPA 324