I give up - there's no hope

eyeopener2

Hi

I'm sure, in fact i'm positive, your OH can claim Job Seekers Allowance.

Go back to the Job Centre tomorrow, or phone up and demand to speak to someone (i realise you have a lot on your plate). Make them go through your circumstances again.

Good luck.

wot_a_life

[tt]
Statement of Affairs and Personal Balance Sheet



Monthly Income Details

Monthly income after tax................ 520

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

Benefits................................ 889

Other income............................ 0

Total monthly income.................... 1409



Monthly Expense Details

Mortgage................................ 1175

Secured loan repayments................. 0

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

Management charge (leasehold flat)...... 0

Council tax............................. 51

Electricity............................. 80

Gas..................................... 80

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

Water rates............................. 52

Telephone (land line)................... 10

Mobile phone............................ 30

TV Licence.............................. 10

Satellite/Cable TV...................... 52

Internet Services....................... 0

Groceries etc. ......................... 420

Clothing................................ 30

Petrol/diesel........................... 220

Road tax................................ 25

Car Insurance........................... 60

Car maintenance (including MOT)......... 20

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

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

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

Other child related expenses............ 50

Medical (prescriptions, dentist etc).... 0

Pet insurance/vet bills................. 47

Buildings insurance..................... 41

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

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

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

Presents (birthday, christmas etc)...... 0

Haircuts................................ 10

Entertainment........................... 0

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

Emergency fund.......................... 0

Total monthly expenses.................. 2463



Assets

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

House value (Gross)..................... 199950

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

Car(s).................................. 600

Other assets............................ 0

Total Assets............................ 200550



Secured Debts

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

Mortgage...................... 169......(1175).....7.9

Total secured debts........... 169.......-.........-



Unsecured Debts

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

CCJ ...........................1276.57...5.........0

Orange.........................360.12....5.........0

Vets...........................469.9.....5.........0

Storecard......................846.71....5.........0

Storecard......................1044.71...5.........0

Barclays Loan..................954.71....10........0

CallServe......................3447.11...5.........0

Debt Managers..................744.32....5.........0

Storecard......................555.......0.........0

Barclaycard....................NaN.......5.........0

Charging order.................2.1.......0.........0

CCJ............................1904.76...0.........0

CCJ............................928.99....0.........0

Callserve......................1034.96...5.........0

CCJ............................691.72....0.........0

Statutory Demand...............NaN.......50........0

Business Card..................4120.7....20........0

Overdraft......................6346.95...10........0

Yell.com.......................527.59....5.........0

Vodafone.......................2080.13...5.........0

Total unsecured debts..........NaN.......145.......-



Monthly Budget Summary

Total monthly income.................... 1,409

Expenses (including secured debts)....... 2,463

Available for debt repayments........... -1,054

Monthly UNsecured debt repayments....... 145

Surplus(deficit if negative)............ -1,199



Personal Balance Sheet Summary

Total assets (things you own)........... 200,550

Total Secured debt...................... -169

Total Unsecured debt.................... -NaN

Personal net worth...................... NaN

I hope this gives you a better understanding of our financial situation, I know the unsecured debt is alot, only 7 of them are actually mine! so please don't be too hard on me x

blind-as-a-bat_2

Your assets are wrong the way i see it as it is the equity that is an asset value not the full amount, and what should NaN read?

Are you going to post this on a thread on the BR board too just in case otheres mis it here?

GeorgeUK

Electricity and Gas are high. Have you tried changing supplier? or is this inclusive of mobey owed/backdated? Try http://www.moneysupermarket.com/utilities/cheaper-gas-electricity.aspx

Thats alot spent on food. Have a look at the old style board for meal planning whaich may help you cut this back a bit.

wot_a_life

I don't understand the NAN bit either?

We had the house valued at £199,950 last month by "Your Move" but to be honest, I don't really believe it because it needs alot of maintenance work doing

DdraigGoch

Wot a life - if you are lurking, please put up even an empty post to reassure the rest of us you're as ok as you can be under the circumstances. It may seem that everyone is pushing you, that you've had enough pushing and now the mortgage company is pushing you under for the last time - but odd though it may seem, and it does feel odd for perfect strangers to be concerned for you when you're in these dire straits [personal experience speaking here], we, a group of strangers care about your welfare. You're safe here and no-one is going to do anything other than pass the virtual hankies, make another virtual cup of tea and pass it to you while we all work together to sort out this mad world, one virtual cup of tea at a time.

No matter what, best of luck - and there is light at the end of the tunnel, trust me, I've seen enough oncoming trains to know whereof I speak.

hugs
DG

blind-as-a-bat_2

The NaN is a bit academic but how much equity you have is an important factor as to what to do now.

If you where to sell and got that valuation how much would be left after costsIe early settlemant charges, paying off the mortgage etc etc, If you where to go down the BR route thats what the OR would want to know

GeorgeUK

I think it may be that the mortgage is only £169 that is throwing the figures out.

The NaN is probably the barclaycard figure - just needs a few blanks filled in.

blind-as-a-bat_2

Richard_S has responded to the thread on the BR board, and i have to say i agree you need to concentrate posting there even taking into consideration that the mortgage may be £733 a month some drastic action is needed, but then you knew that Whith all the will in the world without increaseing your income drasticaly, reduceing your outgoing, although this may help, will not be enough.

Have you posted what equity you have in any other thread? You dont have to be in negative to keep your house through BR but the closer you are the easier it makes it, and Richard-s has posted a good way to help get this as low as possible but we do need to know where we are starting.

Having said that i cannot see why your OH shouldnt get some form of benefit, can he not claim IB? is he unwell enough to not be able to work at the moment in his docters view?

Im not an expert on benefits (cant even spell it half the time lol) but i cant see why you have been left high and dry almost so i have to at least ask if you know why?

wot_a_life

Thank-you all for your input x

I'm OK DdraigGoch, I'm keeping myself busy with work, just waiting for the dreaded letter from the mortgage company to arrive.

I'll go over to the bankruptcy board and see what Richard has left me.

Thank-you all xx