Ipa

fermi

Have you tried putting your figures into this?

IPA calculator Post 01 December 2010

sort_me_own_yard_out

The link is blocked on my work pc so will have to have a look when i get home! I have a feeling it is like wjhat they have sent me, the figure they have come to is by disallowing sky and lowering my grocery shop to £383 from £450.

sort_me_own_yard_out

I have pasted my SoA that i had on my bankruptcy papers and the figures in red are the figures that the OR has worked out. During my OR interview in transpired that the £271 i owed a car finance company was secured on my car he told me to call the finance company explain my situation and offer a monthly repayment for the money i owe them as it cant be put into the bankruptcy. He would allow this expense. i have offered them £15 a month. My child maintaince will be dropping around £15 a month too in September as my ex husband is having another child. I feel bad questioning his judgement as he has been rather kind over the phone and tweaked my clothing allowance. Appreciate the advice.


Statement of Affairs and Personal Balance Sheet

Household Information
Number of adults in household........... 1
Number of children in household......... 2
Number of cars owned.................... 1

Monthly Income Details
Monthly income after tax................ 894
Partners monthly income after tax....... 0
Benefits................................ 929
Other income............................ 311
Total monthly income.................... 21342127

Monthly Expense Details
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 500
Management charge (leasehold property).. 0
Council tax............................. 92
Electricity............................. 80
Gas..................................... 50
Oil..................................... 0
Water rates............................. 40
Telephone (land line)................... 55
Mobile phone............................ 45
TV Licence.............................. 12 13
Satellite/Cable TV...................... 24 0
Internet Services....................... 0
Groceries etc. ......................... 450400
Clothing................................ 9098
Petrol/diesel........................... 220
Road tax................................ 14
Car Insurance........................... 43
Car maintenance (including MOT)......... 30
Car parking............................. 15
Other travel............................ 0
Childcare/nursery....................... 90
Other child related expenses............ 40
Medical (prescriptions, dentist etc).... 10
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 13
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 0
Haircuts................................ 29
Entertainment........................... 0
Holiday................................. 6040
Emergency fund.......................... 30
dry cleaning............................ 15
school meals............................ 60
pet food................................ 20the or asked me if i had pets as i had missed it off my soa
Total monthly expenses.................. 2127


Assets
Cash.................................... 0
House value (Gross)..................... 0
Shares and bonds........................ 0
Car(s).................................. 1100
Other assets............................ 0
Total Assets............................ 1100

No Secured nor Hire Purchase Debts

Unsecured Debts
Description....................Debt......Monthly...APR
Total unsecured debts..........0.........0.........-


Monthly Budget Summary
Total monthly income.................... 2,134
Expenses (including HP & secured debts). 2,127
Available for debt repayments........... 7
Monthly UNsecured debt repayments....... 0
Amount left after debt repayments....... 7

Personal Balance Sheet Summary
Total assets (things you own)........... 1,100
Total HP & Secured debt................. -0
Total Unsecured debt.................... -0
Net Assets.............................. 1,100

Created using the SOA calculator at https://www.stoozing.com.
Reproduced on Moneysavingexpert with permission, using other browser.