Yes you are roughly right, the CA (careers advisor) needs to be able to justify that you will be able to cope on the money you have left after all of your out-goings. So your starting salary will be approx Â£790 pm after tax, NI etc. Therefore you can roughly afford to be payng off about Â£395 per month.
If you declare yourself bankrupt or a court order is issued these will need to be cleared before joining. Talk to your Careers Advisor before committing yourself to anything.
The initial pay is actually about Â£840 per month for the first 6 months. It then goes up to around Â£980 per month. This means Â£420 per month in debts is the maximum you should really be paying. However, that's only the ball park figure, your careers advisor will make the final decision on any debts.
should I start panicking then as i think my monthly outgoing will go over that , Ive bought my house with me girlfriend and share all bills like but i know I wont be left with 50 % of my wages once all bills are covered . being honest thou I dont know anyone who does either in this day and age
County Court Judgements, whether declared by the candidate or discovered during the SC process, must be cleared by the candidate before a SC can be applied for. This can be done by the candidate obtaining a "Certificate of Satisfaction" from the Court which made the Judgement. Records of county court judgements are maintained on a central register and once a judgement is registered there are only two
ways it can be removed:
(1) By application to the issuing court with evidence that the debt has been paid in full.
(2) By providing sufficient evidence to the issuing court that the original
judgement was entered against the debtor in error.
SO it looks like unless you can clear the judgement and get proof time is definitely going to be against you.