I have almost completed the SOA form. Having spoken to a few debt management companies about what may or may not happen in my case two companies has advised me to cancel the direct debits for my Gas/Elec/Water etc and go to quarterly billing to save money. Is this correct?
I was under the impression that I shouldn't really change anything before declaring myself BR? I thought it would be more beneficial for me to keep all my direct debits as they are and let the OR look at my Income as it is when trying to work out what my disposable income is?
Also does anyone have the link to the spreadsheet which shows the figures that the OR allows for living expenses etc so I can work out rought where I stand.
Outgoings on SOA forms
Posted - 15 July 2010 : 20:04:19
