Advice with the OR phone interview

egrescrimp

AircraftHandler wrote: »

I spoke with Stepchange and they had my disposable income as £700 pounds after going through everything which was impossible as I don't think I've ever had that kind of money to spend on myself ever.

It will help to compare my income and expenditure with my national debtline one when I go through everything with the OR?

Post up your SOA and we'll take a look, thats a big jump from £186.

AircraftHandler

They done it before I spoke to national debtline and went through everything and they took into account my wife's earnings and didn't take in the fact that she had her own commitments. I almost cried when they said I would pay that back as it's nowhere near what I could afford

egrescrimp

I'd still suggest posting it, we might spot things that the national debt line and stepchange may have missed or under estimated

National_Debtline

Hi

This Insolvency Service leaflet gives an overview of the interview process so it might be useful to you:

www.gov.uk/government/publications/what-happens-when-you-are-interviewed-by-the-official-receiver

James
@natdebtline

AircraftHandler

Hi all im not sure how i attach my budget planner as its a pdf file saved in my documents

tigerfeet2006

Fill in this one and format it to MSE at the end and then c&p it into the thread.

http://www.stoozing.com/calculator/soa.php

AircraftHandler

http://www.stoozing.com/calculator/soa.php

Statement of Affairs and Personal Balance Sheet

Household Information
Number of adults in household........... 2
Number of children in household......... 0
Number of cars owned.................... 1

Monthly Income Details
Monthly income after tax................ 2050
Partners monthly income after tax....... 0
Benefits................................ 0
Other income............................ 0
Total monthly income.................... 2050

Monthly Expense Details
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 231
Management charge (leasehold property).. 0
Council tax............................. 110
Electricity............................. 43
Gas..................................... 43
Oil..................................... 0
Water rates............................. 0
Telephone (land line)................... 0
Mobile phone............................ 45
TV Licence.............................. 13
Satellite/Cable TV...................... 54
Internet Services....................... 0
Groceries etc. ......................... 350
Clothing................................ 20
Petrol/diesel........................... 200
Road tax................................ 19
Car Insurance........................... 41
Car maintenance (including MOT)......... 30
Car parking............................. 20
Other travel............................ 40
Childcare/nursery....................... 0
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 15
Pet insurance/vet bills................. 11
Buildings insurance..................... 0
Contents insurance...................... 15
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 20
Haircuts................................ 20
Entertainment........................... 48
Holiday................................. 40
Emergency fund.......................... 40
alcohol & cigarettes.................... 340
Meals at work........................... 60
Total monthly expenses.................. 1868


Assets
Cash.................................... 0
House value (Gross)..................... 0
Shares and bonds........................ 0
Car(s).................................. 1250
Other assets............................ 0
Total Assets............................ 1250

No Secured nor Hire Purchase Debts

Unsecured Debts
Description....................Debt......Monthly...APR
Nram Loan......................42800.....0.........0
Webb Resolutions Loan..........38000.....0.........0
Zopa Loan......................7738......0.........0
V12 Finance....................282.......0.........0
Halifax Credit Card............789.......0.........0
Barclaycard Credit Ca..........1379......0.........0
Nram Loan......................1453......0.........0
Total unsecured debts..........92441.....0.........-


Monthly Budget Summary
Total monthly income.................... 2,050
Expenses (including HP & secured debts). 1,868
Available for debt repayments........... 182
Monthly UNsecured debt repayments....... 0
Amount left after debt repayments....... 182

Personal Balance Sheet Summary
Total assets (things you own)........... 1,250
Total HP & Secured debt................. -0
Total Unsecured debt.................... -92,441
Net Assets.............................. -91,191

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

AircraftHandler

Forgot to add that i pay £40 a month for my wife's counselling as spoken about above.

Helpmeoutofthismess

I'm really sorry but I think it's highly unlikely they would allow £340 for alcohol and cigarettes and they will probably say the £60 for work lunches will need to come out of your grocery budget :sad: I'm afraid they don't usually allow an entertainment budget either.

H x

abcdave

£20 for clothing is really quite low.