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FINANCIAL STATEMENT

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FINANCIAL STATEMENT Powered By Docstoc
					                               FINANCIAL STATEMENT UPDATE FORM

Income (please indicate frequency)             £         Expenditure (please indicate                 £
                                                         frequency)
CLIENT NET WAGE                                          RENT/MORTGAGE
PARTNER NET WAGE                                         SECURED LOANS (HOMEOWNERS ONLY)
INCOME SUPPORT (after deductions)                        COUNCIL TAX
CHILD BENEFIT                                            LIFE INSURANCE
JOBSEEKERS ALLOWANCE                                     CONTENTS INSURANCE
WORKING TAX CREDIT                                       BUILDINGS INSURANCE
CHILD TAX CREDIT                                         ENDOWMENT INSURANCE
PENSION CREDITS                                          OTHER INSURANCE
STATE PENSION                                            GAS
OCCUPATIONAL PENSION                                     ELECTRICITY
INCAPACITY / EMPLOYMENT SUPPORT                          HOUSEKEEPING
STATUTORY SICK PAY                                       SCHOOL MEALS
DLA (MOBILITY COMPONENT)                                 T V RENTAL / LICENCE
DLA (CARE COMPONENT) / AA                                TELEPHONE (LANDLINE)
MAINTENANCE                                              TELEPHONE (MOBILE)
BOARD FROM LODGER/CHILDREN                               CAR TAX/INS/MOT
STUDENT LOAN/BURSARY                                     PETROL
OTHER (DETAIL)                                           OTHER TRAVEL COSTS
OTHER (DETAIL)                                           CLOTHING
OTHER (DETAIL)                                           CAR PAYMENTS
OTHER (DETAIL)                                           CHILD SUPPORT
OTHER (DETAIL)                                           CHILDMINDER
OTHER (DETAIL)                                           FINES
                                                         HIRE PURCHASE
                                                         OTHER (DETAIL)




TOTALS
AVAILABLE INCOME

When totalling your income and expenditure make sure you are adding them all in the same period (weekly,
monthly etc) or the figures will be wrong.

If you have Available Income, you should be able to split this amongst your creditors and make offers, even if
it’s not at the amount you should be paying them. To work out the pro rata payments for each creditor (divide
the available income by the total debt figure, multiply this by 1000; this will give you the % figure which you
then use to determine the payment to each creditor; eg creditor balance x percentage = payment offer)

If you have no Available Income then you need to make changes to your current living costs (eg can you cut
down on your satellite package/mobile phone etc). If you still don’t have any Available Income and you have
creditors to pay as well as the ongoing bills above, then you need to look at the options available in our
Options Section and seek the help of the money advice team.

				
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