BR forms-help please!

[broke100]

Please can anyone help with the expenditure section.I earn about £800 a month and my husband earns about £1600 per month. We have always had a joint bank account that everything goes into and the bills are all paid from it.We don't have 'my bills' and 'his bills'.So how do I divide the rent,food,petrol and utilities etc for our expenditure? Should I split everything so that I pay 1/3 and he pays 2/3?
A couple more questions, last month our council tax was paid, the next payment is due on Monday (the day before we go BR) We have no final demands etc from them so do we just put down the one payment as credit owed? Or do we have to put the whole year?
A couple of months ago we cancelled our direct debits and the water company haven't contacted me. Do I include them as I am now a couple of payments behind?
Any advise would be greatly appreciated!

[johnpaul]

hi there i think skippy might be able to help

JOHNPAUL

[broke100]

Skippy, can you help with these questions? And sorry another question, when does your name go in the local paper, is it after BR in court or after your interview with the OR?
Thanks

[johnpaul]

hi broke the one about the local paper i can anser that one yes your name will go in the papers as beening bankrupt

JOHNPAUL

[Lisa2009]

Broke i think its before so that anybody with an interest can make a claim. I coud be wrong and im sure if i am, one of the experts will be along to correct me.

[johnpaul]

while if you do a iva it does not as it is private your self and the creditors

JOHNPAUL

[Lisa2009]

JP, its not entirely private as it does appear on the insolvence register.

[johnpaul]

do many people know about this insolvency register on the internet

JOHNPAUL

[andymac]

As far as I read it, it doesnt matter if you have a joint acct etc. as far as the outgoings part of the BR form goes

You simply put in your income, your partners, and then list the household outgoings. Whats left is down to the OR.

[andymac]

You can also add your Council Tax payments to the BR, but I am not sure about other Utilities. Others here will advise better.

[Skippy]

Sorry, I can't help on this one as the council tax and bills aren't in my name so I didn't have to worry about it. I do know that you can only put down anything that you owe, so if you are planning on paying the council tax on Monday I don't think you can include it. Sorry to be vague on this!

Yesterday is history, tomorrow is a mystery, today is the present - a gift to make the most of.

View my blog at http://skippy13.blogs.iva.co.uk/

[johnpaul]

hi broke you ask melanie giles shes a ip

JOHNPAUL

[broke100]

money that has been drawn out of our account to pay for rent, living etc, does that get put in the cash in hand section or not?

[MelanieGiles]

Yes - that is the most appropriate place to show this on the forms

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

To have me propose an IVA for you, please visit:
http://www.melaniegiles.com/ivaEnquiry.asp

See customer feedback at:
http://www.iva.com/iva_companies/IVA_Advice_Bureau.asp

[pippa]

Hi Broke100

As far as I understand you are up to date with your Countil Tax? so I assume there are no arears to list on your petition, you dont say how much arears you have for the Water Board? but list it if you feel it is not payable. Personally I am not sure about debts of this kind as mine were credit cards/loans.
Your name will be published in the paper, the london gazette and the local paper, although when I cant say exactly as I missed mine totally, stil dont know when it appeared???. I thought the OR might mention it before hand but never did. Wouldnt worry about it, if anyone read mine they havent mentioned it. There really isnt much stigma these days, personally I have had none.

As far as your I&E I would put what you think, you will have the opportunity to dicuss this with your OR during your meeting. I would suggest a ratio determined by your level of incomes.
If you have any questions about what expenditure you may or may not list, ask away, there are plenty of us here who have been through this lately. Or of course any other queries.

Good luck

Pippa