Your debt total must be # 20,000 or less and you must have spare income of # 50 per month or less, after essential living costs and bills. (nationaldebtline.org)
Your Insolvency Practitioner (IP) calculates how much money you have coming in to the household and how much you need each month to cover essential living costs and priority debt arrears (things that must be paid first such as Council Tax). (debtadvicefoundation.org)
A well - planned budget helps to ensure that you never overspend and always have enough put aside for your bills and other essential living costs. (topcreditcardsreviewed.com)