DRO and the £50 surplus

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  • Johnsmith2016
    Johnsmith2016 Posts: 436 Forumite
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    Just rebalance your budget so it shows under £50
    As long as you know day to day you can live who cares, just tick the box with them, knock a few quid off groceries etc. End of day you need the DRO so it's not going to make the situation any worse for you if your budget shows your you'll be skint, you must be skint now as well.
  • National_Debtline
    National_Debtline Posts: 7,998 Organisation Representative
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    Hi all


    Just to add another DRO intermediary's perspective...


    We ideally like to see an applicant's budget balance if possible before submitting a DRO application.


    It's all well and good getting existing debts written off, but if the person in question is still well short of meeting their essential bills each month it's unlikely to be a long-term solution. That said, we ultimately leave it up to the applicant if they wish to pursue the DRO regardless.


    Dennis
    @natdebtline
    We work as money advisers for National Debtline and have specific permission from MSE to post to try to help those in debt. Read more information on National Debtline in MSE's Debt Problems: What to do and where to get help guide. If you find you're struggling with debt and need further help try our online advice tool My Money Steps
  • Incywincy21
    Incywincy21 Posts: 58 Forumite
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    Hi, sorry to jump on the post.

    Does this mean the OR is likely to reject the DRO if there is a negative on the budget sheet? Or that it's advisable to balance it in order to prevent further debt?

    Many thanks
    SPC no. 462 TOTAL £48.11
    SPC11 No.462 Target: £250
    NSD May - Acheived: 7 NSDs (Started 21/05/17)
    NSD June (Target 15/30) - Achieved: 14/15
    NSD July (Target 18/31) - Achieved: 3/18
  • fatbelly
    fatbelly Posts: 20,496 Forumite
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    Incywincy21 wrote: »
    Hi, sorry to jump on the post.

    Does this mean the OR is likely to reject the DRO if there is a negative on the budget sheet? Or that it's advisable to balance it in order to prevent further debt?

    Many thanks

    The latter, Incy
  • Incywincy21
    Incywincy21 Posts: 58 Forumite
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    Thanks Fatbelly!
    SPC no. 462 TOTAL £48.11
    SPC11 No.462 Target: £250
    NSD May - Acheived: 7 NSDs (Started 21/05/17)
    NSD June (Target 15/30) - Achieved: 14/15
    NSD July (Target 18/31) - Achieved: 3/18
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