Liberty's SOA

Liberty9515

SoA for myself and daughter 16 and son 13

Rent £600
Water 49
council tax 87
Electricity 80
Contents Ins 13
Fone inc mobile and internet 50
TV Licence 12
Digibox 10
TV rental 8
Kids life ins 3
road tax 16
car ins 18
AA 13
car maint MOT etc 30
fuel 50
bus pass for college 31
food n housekeeping 350
clothing 52
school trips n activities 10
hairdressing 16
professional/union fees 21
hobbies /entertainment 30
holidays 30
loan to my dad 25

total £1604

Wages 773
child support 250
WTC 411
housing ben 138 (havent included child benefit of £130)

total £1572

Does this seem reasonable?

tigerfeet2006

Hi Liberty,

Is this for us to look at for an I&E to go on a bankruptcy petition?

Liberty9515

tigerfeet2006 wrote: »

Hi Liberty,

Is this for us to look at for an I&E to go on a bankruptcy petition?

Yes it is!

tigerfeet2006

Oakily doakily. I am sure the lads and lasses will be along tomorrow to give you some advice.

Meanwhile check out tailbO thread as he has been asking the same question and there is some excellent links there that might help

http://forums.moneysavingexpert.com/showthread.html?t=531531

betterlatethannever

Hi Liberty, from what i've read on here each OR seems to have there own set of rules for what they allow and how much (sorry not helpful) but its best to aim high and let them cut you down.
Can i just question some things (cos the OR might) the college bus pass? is this your daughters? is she claiming EMA because i think this is supposed to cover such costs. Also is that the correct figure for water?
Paying a loan to your dad could be seen as preferential treatment of a creditor. ( i think, although someone who knows much more than me will correct this)
This site might help you if you've not already checked it out.
http://www.hmrc.gov.uk/manuals/dmbmanual/DMBM800120.htm

tigerfeet2006

BLTN is right on the loan to you dad. U nfortunatly this is seen as preferential treatment to your dad and won't be allowed, the debt will be included in your B/R. If you really want to pay him back then I am afraid that you need to fund yhis out of your excess or up some of your tototals.

You need to include allowances for prescriptions/optitions and dentist as well. Possibly dry cleaning because if you are a proffesional (I notice you pay fee's) then you will need to allow for dry cleaning clothes.

Liberty9515

betterlatethannever wrote: »

Hi Liberty, from what i've read on here each OR seems to have there own set of rules for what they allow and how much (sorry not helpful) but its best to aim high and let them cut you down.
Can i just question some things (cos the OR might) the college bus pass? is this your daughters? is she claiming EMA because i think this is supposed to cover such costs. Also is that the correct figure for water?
Paying a loan to your dad could be seen as preferential treatment of a creditor. ( i think, although someone who knows much more than me will correct this)
This site might help you if you've not already checked it out.
http://www.hmrc.gov.uk/manuals/dmbmanual/DMBM800120.htm

Thx for your reply!
I understand about the loan to my Dad. Does anyone know that if I put his loan on the list of creditors, will the OR contact him, as i certainly dont want my family to know about my circumstances!

The bus pass for college is my daughters, but to get a low rate it has to paid in full up front £342, which my daughter cant afford. She is starting college in Sept and hopefully will be getting EMA, but isnt getting it yet, whereas I've already paid for the ticket!

Edit: Yes I pay £49 a month for water rates! Maybe will bump it up to £50!!!! LOL
I cant say that i am paying more cos my bank statements will say different!

Liberty9515

tigerfeet2006 wrote: »

BLTN is right on the loan to you dad. U nfortunatly this is seen as preferential treatment to your dad and won't be allowed, the debt will be included in your B/R. If you really want to pay him back then I am afraid that you need to fund yhis out of your excess or up some of your tototals.

You need to include allowances for prescriptions/optitions and dentist as well. Possibly dry cleaning because if you are a proffesional (I notice you pay fee's) then you will need to allow for dry cleaning clothes.

Thx for your reply!

I get free prescriptions/ dental/opticians.
I also get a tax allowance for laundering my uniform at home!

madoldbat

Hi Liberty9515 not sure how OR will deal with digi box some seem to be a bit strange about non essentials:rolleyes: Have you forgoton your cat mine costs were 15.00 pcm.Christmas/birthdays 30.00pcm.Dose your housekeeping value just stand for food ? What about toilteries,deodrent,feminie products,washing up liquid,shampoo,washing powder.I listed mine under toiletries 15.00 and laundry 5.00.
Its very easy to forget small thing but they all add up.

Liberty9515

madoldbat wrote: »

Hi Liberty9515 not sure how OR will deal with digi box some seem to be a bit strange about non essentials:rolleyes: Have you forgoton your cat mine costs were 15.00 pcm.Christmas/birthdays 30.00pcm.Dose your housekeeping value just stand for food ? What about toilteries,deodrent,feminie products,washing up liquid,shampoo,washing powder.I listed mine under toiletries 15.00 and laundry 5.00.
Its very easy to forget small thing but they all add up.

Cat, what cat???? LOL

taib0

We have 2 long haired white cats, you can have one of them if you like I can't afford both of em anyway


Taib0

ps only kiddin my wife and kids would kill me ha ha