Debts and DV

RhiBi

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

Household Information[/b]

Number of adults in household........... 1

Number of children in household......... 0

Number of cars owned.................... Q[b]

Monthly Income Details[/b]

Monthly income after tax................ 2300

Partners monthly income after tax....... 0

Benefits................................ 0

Other income............................ 0[b]

Total monthly income.................... 2300[/b][b]

Monthly Expense Details[/b]

Mortgage................................ 0 no mortgage on property 

Secured/HP loan repayments.............. 0

Rent.................................... 0

Management charge (leasehold property).. 0

Council tax............................. 167

Electricity............................. 91.84 cover both gas and electricity

Gas..................................... 0

Oil..................................... 0

Water rates............................. 59.87

Telephone (land line)................... 0

Mobile phone............................ 20

TV Licence.............................. 14.54

Satellite/Cable TV...................... 0

Internet Services....................... 20

Groceries etc. ......................... 520.82 this includes a dog food subscription  of £140.83 for 2 dogs a month plus  toiletries/skincare.

Clothing................................ 50

Petrol/diesel........................... 200

Road tax................................ 17.06

Car Insurance........................... 42.54

Car maintenance (including MOT)......... 100

Car parking............................. 0

Other travel............................ 0

Childcare/nursery....................... 0

Other child related expenses............ 200 £100 to 2 children in university

Medical (prescriptions, dentist etc).... 66.67

Pet insurance/vet bills................. 118.74

Buildings insurance..................... 19.77

Contents insurance...................... 0

Life assurance ......................... 0

Other insurance......................... 0

Presents (birthday, christmas etc)...... 100

Haircuts................................ 30

Entertainment........................... 80

Holiday................................. 0

Emergency fund.......................... 100

Union fees.............................. 25

Spotify ................................ 19.99

Kindle unlimited........................ 9.49[b]

Total monthly expenses.................. 2073.34[/b]

[b]

Assets[/b]

Cash.................................... 0

House value (Gross)..................... 150000 half of this is ex husbands

Shares and bonds........................ 0

Car(s).................................. 4000

Other assets............................ 0[b]

Total Assets............................ 154000[/b]

[b]

No Secured nor Hire Purchase Debts[/b]

[b]Unsecured Debts[/b]

Description....................Debt......Monthly...APR

Secure trust bank plc..........810.......54.07.....0

M&S loan.......................4403......125.......0

Novuna  finance................12565.....241.6.....0

Virgin credit card.............9798......196.......0

Barclaycard....................4211......174.3.....0

Halifax........................650.......23........0

Next...........................989.......50........0

Nationwide.....................5426......226.......0[b]

Total unsecured debts..........38852.....1089.97...-  [/b]

Barclaycard and Virgin are currently interest free using balance transfer.  The loans I am unsure of the interest rates

[b]

Monthly Budget Summary[/b]

Total monthly income.................... 2,300

Expenses (including HP & secured debts). 2,073.34

Available for debt repayments........... 226.66

Monthly UNsecured debt repayments....... 1,089.97[b]

Amount short for making debt repayments. -863.31[/b]

[b]Personal Balance Sheet Summary[/b]

Total assets (things you own)........... 154,000

Total HP & Secured debt................. -0

Total Unsecured debt.................... -38,852[b]

Net Assets.............................. 115,148[/b]

two children who are at university stay here approximately 4 days a week, outside of university terms

Grumpelstiltskin

The 2 children you show in the household are they the 2 at university? So do they live with you all the time or just visit?

RhiBi

Yes they are the 2 at university.  They split their time between me and their father.  I didn’t really know how to put it on there.

RhiBi

CAB are going to write to the credit card companies and explain the financial abuse to see if they will do anything, although they said it’s very difficult to get them reduced or written off so I’m not holding out too much hope on that.

Grumpelstiltskin

If you are the only full time occupant you should take them out and put a note at the bottom of the SOA saying something like 'my two adult children who are at university spend every other weekend with me and my figures include their food'

ManyWays

Have you considered getting a lodger? 
Have you looked at affordability complaints against the larger debts, say any over £1000? 

RhiBi

I wouldn’t want to get a lodger!

I’ve read about affordability complaints but it’s not something I’ve looked into yet.

Brie

Well done on getting the SOA sorted - it makes more sense to me now.  (one gets accustomed to seeing things in a certain format.....)

I wondered too about affordability complaints as an add on to the financial abuse - as in "I couldn't really afford this but my abusive husband insisted".  It does like "playing" the victim but it's an accurate picture so should be considered as part of your defense, if you see what I mean.  The creditors need to see that you were not able to control the situation at the time the debts were incurred.  

How long ago were some of the cards/loans taken out?  It's possible that asking them to prove you have a credit agreement with them might be a good idea for you as well.  Even if you remember signing up to something if they don't have the documentation it means that they can't prove you agreed to their T&Cs or that it was even you that took out that credit.  Some people have found that a credit will provide a CA that shows the wrong name, an address that wasn't correct at that time which throws things in to doubt and essentially wouldn't stand up in court (not that it would ever get that far, they'd cave as they'd know they couldn't win)

You're doing very well - it's going to take a lot of plodding along but the end goal will be worth it.

Ms_Chocaholic

Do you get the 25% reduction on your Council Tax?

In terms of the water meter (I'm the one who posted about this initially) I definitely would recommend, you do hear about all the horror stories of water meters I must admit but you never hear the positive stories of which I'm sure there are many many more, including us.  I'm aware that all water companies have different charges but we pay around £25-£28 pcm, we are a small household but we have a dishwasher, the washing machine is on often and we have a decent flow shower which is used regularly, we just don't waste water, ie turn off the tap when brushing our teeth but that's as far as it goes.

tealady

Have to agree with Ms_Chocaholic. Been on a water meter for years, never had a problem (ST)