Possible IPA assistance please

SauntonD

Hi I wonder if anyone can help me please. I have had my bankruptcy app approved a couple of months ago and have my IPA interview soon.

I would like some advice please if possible.

I am the sole earner, my wife doesn't work, as is on a very high dose of anti depressants, and my son is 18 and is at college - full time. We don't claim benefits.

I also have 3 other step kids that don't live at home.
There are 3 of us in the household.
We have 2 cars.

I am paid weekly. When I started my job I had to work a month in hand prior to being paid. I work continental shifts so 4 on 4 off. Some weeks I get 600 and some I get 760 net.

Initially when I applied for bankruptcy the following was my SOA;
Net pay(at that time) £2340 month 530 week

Monthly:
Rent 455
TV 13
Gas 70
Water
Council tax 105
Electric 240
Meds 18
Car ins 152
Car tax 35
Mot and mtnce 64
Clothing and footwear 20
Haircuts 50
Phone tv Internet 83
Mobile 11
Laundry 60
Gifts 30
Smoking 20

Weekly:
Groceries 350
Toiletries 50
Meals at work 30

I have added my updated SOA and would like advice please if possible that would ensure an IPA isn't on the cards....if that is even possible in my case. Any feedback on the possibility of this would be greatly appreciated.

[font=courier new][b]Statement of Affairs and Personal Balance Sheet[/b][b]

Household Information[/b]
Number of adults in household........... 3
Number of children in household......... 0
Number of cars owned.................... 2[b]

Monthly Income Details[/b]
Monthly income after tax................ 2950
Partners monthly income after tax....... 0
Benefits................................ 0
Other income............................ 0[b]
Total monthly income.................... 2950[/b][b]

Monthly Expense Details[/b]
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 455
Management charge (leasehold property).. 0
Council tax............................. 105
Electricity............................. 80
Gas..................................... 80
Oil..................................... 0
Water rates............................. 40
Telephone (land line)................... 0
Mobile phone............................ 60
TV Licence.............................. 12
Satellite/Cable TV...................... 83
Internet Services....................... 0
Groceries etc. ......................... 700
Clothing................................ 50
Petrol/diesel........................... 200
Road tax................................ 35
Car Insurance........................... 78
Car maintenance (including MOT)......... 40
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 40
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 0
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 20
Haircuts................................ 60
Entertainment........................... 20
Holiday................................. 20
Emergency fund.......................... 30[b]
Total monthly expenses.................. 2208[/b]
[b]

Assets[/b]
Cash.................................... 0
House value (Gross)..................... 0
Shares and bonds........................ 0
Car(s).................................. 1000
Other assets............................ 0[b]
Total Assets............................ 1000[/b]
[b]
No Secured nor Hire Purchase Debts[/b]

[b]Unsecured Debts[/b]
Description....................Debt......Monthly...APR[b]
Total unsecured debts..........0.........0.........- [/b]

[b]
Monthly Budget Summary[/b]
Total monthly income.................... 2,950
Expenses (including HP & secured debts). 2,208
Available for debt repayments........... 742
Monthly UNsecured debt repayments....... 0[b]
Amount left after debt repayments....... 742[/b]

[b]Personal Balance Sheet Summary[/b]
Total assets (things you own)........... 1,000
Total HP & Secured debt................. -0
Total Unsecured debt.................... -0[b]
Net Assets.............................. 1,000[/b]

[i]Created using the SOA calculator at www.stoozing.com.
Reproduced on Moneysavingexpert with permission, using other browser.[/i][/font]

SauntonD

Forgive me if one or two of the figures may be off, I spent hours researching yesterday and viewing this fantastic forum.  Any help, advice or even criticism I'll gladly accept and appreciate.  
In addition, I am trying to save for a new laminate flooring as the old one is cracked and split.  It's a vicious circle really as my wife has severe OCD and is constantly trying to clean it as best she can, and it's gotten to the point its a little dangerous to walk on in parts.  I'm sure the funding for this wouldn't be taken into account.

Thank you to anyone that offers assistance. 

TinyPomegranate

Someone else will come along with better help for your figures etc, but just wanted to say that I have OCD and when I was questioned on why some of my expenses are so high, I explained the practicalities of it all and it was accepted without further issue. They even understood that some of my "OCD expenses" have increased since covid. So explain your situation and they should be understanding about it.

SauntonD

Fantastic, thank you so much.  I'm not trying to milk the system, you see, I'm just looking for advice- having a family with depression and severe ocd can be quite a financial burden, to say the least. My wife tries to make a joke out of it but it has a dramatic effect. Our cleaning supplies weekly cost a huge amount. In fact more than I have revealed, but didn't put the actual cost of 'shopping' as I figured it would be rejected anyway, but thank you very much for your advice and support. It's greatly appreciated 

JCS1

How were the cars financed and whose name are they in?

Also groceries, you say 350 week but have only put 700 per month?

JCS1

Are you paid monthly, weekly or 4 weekly?

luvchocolate

Put something in for contents insurance 

SauntonD

Apologies, my error.  Yes the food and primarily cleaning products bill approach 350 a week.

The cars were bought outright several years ago. Combined value of about 2k.  1 is mine, 1 Is my wife's.  I was made bankrupt about 2 months ago and had the ok from the OR that we were able to keep the cars.  The petition is in my name only btw. 

JCS1

Ok, if 350 a week then multiply by 52 and divide by 12 to get your monthly amount. That will then reduce your surplus. 

SauntonD

I really appreciate your guidance.  So that's around 1500 per month for food, cleaning and toiletries.  It always seems excessive but its the lay of the land with my wife sadly. Cleaning products and a boatload of them come before food.  

I shall also add contents insurance, thank you.

JCS1

Might be worth starting to keep receipts, just in case it is challenged.