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Cakietin
Junior Member
United Kingdom
278 Posts |
 Posted - 03 December 2008 : 10:19:42
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Hi everyone,
I have some more questions about my statement of affairs which I am furiously getting ready for my court appointment on Friday.
I have read that people have included their paypal accounts on their SA. I haven't included it as there is nothing in there. I don't sell on Ebay but mostly use it to buy clothes for my kids (much cheaper than High Street stores). So do I include it?
I am also doing my expenditure. I have only include the basics expenses like gas, housekeeping etc. I have seen that some people include things like hairdressers and kids clubs. I haven't included anything like that as we haven't really been able to afford those things over the past few years. It's the same with holidays. The last holiday we had was a 3 night break in a caravan with the News of the World vouchers. So should I be including this sorts of things? I know they wouldn't be a lot but just wondered.
I have also put petrol down as an expense. As my husband is disabled the car is his only mode of transport for doctor's appointments and even for shopping. He describes the car as his legs as it is the only way he can really get out of the house. How much is reasonable for petrol?
Sorry for all the questions but I really want to get it right for Friday especially as I have already had to reschedule the appointment once.
Many thanks.
Amanda
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Needafriend
Junior Member
United Kingdom
344 Posts |
Posted - 03 December 2008 : 10:44:45
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Hi Amanda
The paypal account i did not list, so if there is nothing there i would not worry.
I would list hairdresser etc etc as its costs that can be included and although you should not get an IPA would mean less available if they do ask.
Yes put petrol down, cars need it and dont forget maintanence on it and also tax etc if you pay these. How many is there in your household?
Also put down for a modest break on your SoA.
LOL
Jo
x
For more info on how i have come through bankruptcy and for links to help, you can read my blog here called:
Needafriend's Info on Bankruptcy :-)
http://debtfreejo.blogs.bankruptcyhelp.org.uk/
Needafriend says: Live life to the full, take life by the horns and live a little, otherwise life would be so boring!
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Edited by - Needafriend on 03 December 2008 10:47:40 |
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Cakietin
Junior Member
United Kingdom
278 Posts |
Posted - 03 December 2008 : 11:00:56
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Hi Jo
Thanks for the advice as always. There are 4 of us. Two girls aged 7 and 2. The oldest has just started Brownies which is only £1 a week and the youngest has play group which is only £1.50 a week so I guess it does add up over a month.
As we have a motability car there are no costs for the car other than petrol.
I will look at my figures and inlude a few more things.
Kind regards,
Amanda |
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Needafriend
Junior Member
United Kingdom
344 Posts |
Posted - 03 December 2008 : 11:10:40
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Hi Amanda
I would i mean clothing is around £120 allowed per month, fuel would be about £80, hairdresser about £20, food about £ 501.
You must list everything. DOnt forget life ins, home ins, Tv lic, etc etc.
You could write it on here and we can have a look for you.
LOL
Jo
x
For more info on how i have come through bankruptcy and for links to help, you can read my blog here called:
Needafriend's Info on Bankruptcy :-)
http://debtfreejo.blogs.bankruptcyhelp.org.uk/
Needafriend says: Live life to the full, take life by the horns and live a little, otherwise life would be so boring!
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Cakietin
Junior Member
United Kingdom
278 Posts |
Posted - 03 December 2008 : 17:53:09
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Hi Jo
I have done some figures today and this is what I have come up with.
Houskeeping £580
Gas & Electricity £240
Water £25
Telephone £60
Clothing £120
Petrol £100
Contents Ins £20
Hairdressing £10
Kids activities £10
Domestic break £20
These are accurate figures as I have been writing it all down for the last few months. I have a surplus of £161 a month. We only receive benefits so could be still get an IPA?
Thanks for all your help
Amanda x |
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Needafriend
Junior Member
United Kingdom
344 Posts |
Posted - 03 December 2008 : 18:57:12
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Your missing
TV Licence £ 12
Your food for 4 maybe a little high for 5 of us we were allowed £550.
Do you pay council tax or anything towards the rent.
Break could be upped a bit, gas and electric we were allowed only £75 each.
Jo
x
For more info on how i have come through bankruptcy and for links to help, you can read my blog here called:
Needafriend's Info on Bankruptcy :-)
http://debtfreejo.blogs.bankruptcyhelp.org.uk/
Needafriend says: Live life to the full, take life by the horns and live a little, otherwise life would be so boring!
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movin on
Average Member
United Kingdom
946 Posts |
Posted - 03 December 2008 : 19:27:22
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Hey Cakietin
Houskeeping £580 (I put £550 down)
Gas & Electricity £240 (If you have proof then this should be allowed surely - mine is £155 and i was not asked for proof - yet)
Water £25
Telephone £60
Clothing £120
Petrol £100
Contents Ins £20
Hairdressing £10 (£10 per adult and £5 per child - £30)
Kids activities £10
Domestic break £20
Dont forget TV Licence £12
Dental?? I put £10
Prescriptions ?? I put £20.50 (we have yearly ones on dd)
I can't think of anything else at the moment.
xx
Onwards and Upwards is the way im going :-0)
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movin on
Average Member
United Kingdom
946 Posts |
Posted - 03 December 2008 : 19:28:30
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Oh and what about car tax, insurance, mot
Life insurance??
xx
Onwards and Upwards is the way im going :-0)
xx |
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Cakietin
Junior Member
United Kingdom
278 Posts |
Posted - 03 December 2008 : 19:35:02
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Thanks everyone.
We have a stupid token meter for both electric and gas that was here when we moved in 6 months ago and I am constantly topping them both up. So I would use £30 of each per week especially now that it's cold. I mean I used nearly £5.00 in one day last week!!! Rip off! Anyway I do have some receipts so hope they accept that.
I will change the other figures. I did forget TV licence but that's all. We have a motability car so there are no costs for that and we don't have life insurance.
I think I have covered all other expenses.
Thanks for everyone's input. I really appreciate it.
Amanda x |
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Cakietin
Junior Member
United Kingdom
278 Posts |
Posted - 04 December 2008 : 14:26:49
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Ok here I am again with more questions...I am starting to get a bit panicky about tomorrow and am double checking everthing!
I have read someone else's reasons for bankruptcy and it was more in depth than what I have written. This is what I have put:
"Over the last 7 years we have accumulated personal loan, credit card and catalogue debts. The original personal loan was for a car which we ended up having to spend a lot of money on for repairs. These were mostly paid for by credit cards. As the debts grew we found it harder to make the required monthly payments. We were never in arrears but always struggled to pay for basic essentials. We would end up using our credit cards to pay for basics like food and petrol. To some degree we have lived beyond our means and this has contributed to our struggle to repay our debts. As my husband is disabled I realise that our income is not going to drastically increase in the future. I have come to the realisation that going bankrupt is the only way we can start again."
Can anyone give me some feedback on it? I originally wrote much more but changed it.
Also, I have a form for exemption of fees as we receive income support. Is that supposed to be filled in before we go to court or is it done at the court?
Thanks for everyone's assistance.
Amanda
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JulianDonnelly
Junior Member
United Kingdom
325 Posts |
Posted - 04 December 2008 : 14:43:35
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Hi Amanda,
Looks ok to me. However, I'm an advocate of bullet-points in chronological order. For instance ...
1. On x date, this happened which meant that I had to do y.
2. Then on z date ...and so on.
However, I would encourage you not to admit to living beyond your means!
Julian Donnelly
Spokesperson for www.Bankruptcyhelp.org.uk
Don't forget the helpline on 0800 078 9367 |
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Cakietin
Junior Member
United Kingdom
278 Posts |
Posted - 04 December 2008 : 15:53:48
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Hi Julian
Thanks for the advice. The only reason I wrote that was because I read on here a while back that the OR wanted someone to basically admit they had lived beyond their means. What I originally wrote had dates etc in and I didn't say anything about living beyond my means so I may change it back.
Also, can you offer me any help regarding the exemption form?
Many thanks,
Amanda |
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JulianDonnelly
Junior Member
United Kingdom
325 Posts |
Posted - 04 December 2008 : 15:58:23
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Hi Amanda,
I would suggest completing the form as best you can prior to going to the court. I would also suggest taking additional proof if you can.
Don't worry too much about the form. In my experience, the bankruptcy clerks at court are usually very helpful and supportive and I'm sure they'll assist you where possible.
Julian Donnelly
Spokesperson for www.Bankruptcyhelp.org.uk
Don't forget the helpline on 0800 078 9367 |
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Cakietin
Junior Member
United Kingdom
278 Posts |
Posted - 04 December 2008 : 16:07:03
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OK thanks Julian I will do that. There is so much to take in, I am getting myself in a state now!
Many thanks,
Amanda |
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JulianDonnelly
Junior Member
United Kingdom
325 Posts |
Posted - 04 December 2008 : 16:10:53
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Hi Amanda,
Just focus on one thing at a time. If you try and look at everything that needs to be done, it can be a bit overwhelming!
Try to relax and you'll be fine!
Julian Donnelly
Spokesperson for www.Bankruptcyhelp.org.uk
Don't forget the helpline on 0800 078 9367 |
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BankruptC
Senior Member
1030 Posts |
Posted - 04 December 2008 : 16:22:51
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Hi Amanda,
Sorry to butt in here, but I've just been reading your thread about expenses. Now that you've changed some of them, does it lieave you with a disposable income of less than £100? I just really feel you could add more to your expenses than you had before and I'd hate to see you paying into an IPA unnecessarily. Even at £50 per month, over 36 months it adds up!
I'm just saying really to make sure you've claimed allowances for everything you can and that you've not missed anything out. Too often people miss things and end up paying unnecessarily which could potentially leave them struggling. Due to the fact there is no option for credit in BR (not that any of us would want it!!), it's important to ensure you leave yourself the necessary to live off each month.
Hope that makes sense!
C. x |
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