Allowances

[stuffthebanks]

Hi guys,
never really approached this one in the right way..
Always ended up paying out more than i could afford, and not leaving enough to live on.
Since going down the UE route its helped massively.
I have 2 or 3 that i have coming up for review....they are Enforceable debts.
I have looked but not had much luck in finding any links to income and expenditure forms on the brilliant AAD.
Also i have no idea on what the trigger allowances are, i do not want to end up over committing again, but i want to ensure i am paying the debt off in a sensible controlled manner.
Any help would be most appreciated.

[Undercover Elsa]

Re: Allowances

Hi Stuffthebanks,
The best one around at the moment is NEDCAB's in my opinion. It's completed online and has the triggers built in. Plus being CAB it carries a lot of weight.
North East Derbyshire Citizens Advice Bureau

Let us know how you get on with it

Elsa x

[stuffthebanks]

Re: Allowances

Hi Stuffthebanks,
The best one around at the moment is NEDCAB's in my opinion. It's completed online and has the triggers built in. Plus being CAB it carries a lot of weight.
North East Derbyshire Citizens Advice Bureau

Let us know how you get on with it

Elsa x

Hey thanks Elsa....i will let you know how it goes.....
Thanks for replying....very much appreciated.

[Undercover Elsa]

Re: Allowances

No probs Steve..have fun playing with it...

[stuffthebanks]

Re: Allowances

Filled forms in Elsa..very easy and straight forward...
It does highlight that i am paying way more back than i should be on debt,and leaving myself short on the basics and essentials.
Will now be changing my offers to creditors.
Many thanks Elsa.....

[Undercover Elsa]

Re: Allowances

Excellent! They should accept that without question. If they don't, report back and we'll put them straight

[oldyboy]

Re: Allowances

Hi Steve,
If you want to double check your figures why not have a play with Stepchange (CCCS as was) website's debt remedy. That doesn't seem to have the triggers mentioned, but why I used it was for finding out maximum amounts I could get away with on my I&E form. It has triggers as well, but only if you over-estimate amounts, when it tells you the maximum you should be entering.

I know nothing about NEDCAB's but have used that one to good effect. I was quite surprised how much it allowed, and made me realise that I, like you, wasn't allowing enough to live on.

[Undercover Elsa]

Re: Allowances

It might be interesting to compare, but the trigger figures are universal as far as I'm aware

[stuffthebanks]

Re: Allowances

Once again like to thank you both Elsa and OB...

[BBoo]

Re: Allowances

I can confirm what UE said - the trigger figures are univeral. All come from the Common Financial Statement produced by the Money Advice Trust and licensed by the OFT.

[Undercover Elsa]

Re: Allowances

Thanks Bboo

Any update on this STB?

Elsa x

[stuffthebanks]

Re: Allowances

Thanks Bboo

Any update on this STB?

Elsa x

You beat me to it Elsa..
I have had 4 responses back so far..
Moorcroft,Halifax,Nationwide,Cabot all accepted revised offers.
Still have Capital one to receive a response from.
Overall best reaction to any income and expenditure forms i have sent out before, so a big thums up from me....
Thank yo for the advice and direction on getting to this point....

[BBoo]

Re: Allowances

Thanks Bboo

Any update on this STB?

Elsa x

Senior moment sorry - STB????????

[Never-In-Doubt]

Re: Allowances

Senior moment sorry - STB????????

Stuff The Banks (ie the OP)

[BBoo]

Re: Allowances

Stuff The Banks (ie the OP)

Not too big a senior moment then.

FFS I've been Googling CFS and STB, CFS trigger figures and STB - anything I could think of as I thought I ought to know without asking.

I am seriously close to wetting myself laughing!