HOME  FORUM  MEDIA  EVENTS  ARTICLES  TV  BLOGS
•Home
Bankruptcy:
•Bankruptcy Information Center
•What is Bankruptcy?
•Is Bankruptcy right for me?

•How to declare Bankruptcy?
•What happens to my assets?
•Bankruptcy and credit rating

Forum:
•forum
•register
•search
•faq
•experts

Blogs:
•Bankruptcy News
•More...

Media Room:
•Press releases
•Media Coverage

Other:
•About BankruptcyHelp
•Links
•Contact us
•Debt Glossary
•Insolvency jobs


FORUM
  > Browse and post on our forum
Home   |   Profile   |   Register   |   Active Topics   |   Members   |   Search   |   FAQ

Welcome to our Forum, please register if you want to post
Ask a debt question
See the last 250 posts
Watch video on how to use forum
Username:
Password:

Save Password
Forgot your Password?

 All Forums
 archive
 bankruptcy postbag for june
 SOA again!!!
 New Topic  Reply to Topic
 Printer Friendly
Author Previous Topic Topic Next Topic  

hammy0107
Junior Member

399 Posts

Posted - 03 June 2008 :  10:20:42  Show Profile  Reply with Quote
Almost finished now but one last bit of advice needed please.

The question asks whether anybody else in the house contributes to the household. Well my wife receives approximately £110 a month in child benefit and tax credit, however from this she does not directly contribute to the household. The £110 goes on nappies / milk etc which i haven't included in my expenditure. Should i answer yes or no to this question? My worry is that it will appear we have surplus funds when in fact we don't. My current budget for food / cleaning / personal hygeine is £400 a month for myself, my wife and our 2 year old son. If i was to include what my wife earns and what she spends then it would increase my food etc budget to £500 a month. Would this be deemed to much?

JulianDonnelly
Junior Member



United Kingdom
325 Posts

Posted - 03 June 2008 :  11:20:42  Show Profile  Visit JulianDonnelly's Homepage  Reply with Quote
Hi Hammy,

I would complete the SOA as if you pay for everything and get a contribution from your wife.

Regards

Julian Donnelly
Spokesperson for www.Bankruptcyhelp.org.uk
Go to Top of Page

hammy0107
Junior Member

399 Posts

Posted - 03 June 2008 :  13:30:57  Show Profile  Reply with Quote
Julian,

Thank you but will the OR consider £500 a month for food, nappies, milk, wipes, juice, cleaning products, personal hygeine as reasonable for a family of three???
Go to Top of Page

JulianDonnelly
Junior Member



United Kingdom
325 Posts

Posted - 03 June 2008 :  14:25:31  Show Profile  Visit JulianDonnelly's Homepage  Reply with Quote
Hi Hammy,

It's probably a tad on the high side, but as long as you can justify it (young children are hideously expensive) you should be fine!

Regards

Julian Donnelly
Spokesperson for www.Bankruptcyhelp.org.uk
Go to Top of Page
  Previous Topic Topic Next Topic  

 New Topic  Reply to Topic
 Printer Friendly
Jump To:
bankruptcyhelp.org.uk Forum © bankruptcyhelp Go To Top Of Page
Powered By: Snitz Forums 2000 Version 3.4.06