Debt Relief Orders (DRO) - Information & help thread

restofmylife

PlasticPennies wrote: »

Provided she can't afford the DMP and actually has less than £50 a month surplus income, then she can apply for a DRO.

Thanks so much Plastic she went back there today armed with info and actually saw a lady who knew what she was talking about and now has the forms which I will help her with on Saturday:beer:

peasantboy

I was told that if your financial circumstances changed within 12 months of getting a DRO it would be ceased, that was by someone on the national debt helpline. As in, it improved and went over that £50 threshold.

windsorblue

hi all im new here in the process of doing a dro for myself husband is on pension credit and claims for me i have no income question if anyone knows we have sky package tv broadband phone all basic it works out 40 pound a month is that allowed on soa if not what to do about it its in my name as husband has no bank account eg for direct debits just recieved a household expenditure form to fill in how do you break down eg household stuff food milk ect cleaning stuff i thought an all in figure but not on this form

Godiva500

Hi Windsorblue
I have used the online budget sheet from National Debtline - its much easier, and is acceptable for the DRO. Have you taken advice for a debt charity? If not you should, and I can highly recommend NDL. They are very supportive and friendly - just what you need when you are stressed out with worry.

windsorblue

godiva500 thanks for replying i will try that budget sheet yes i am getting advice getting processed to be passed on to intermedery excuse spelling still not sure about sky ect im also very nervous about all this so any help is most welcomed

Niccy23

I am enquiring about this through CCCS. I think the £90 fee is a bit silly and yes you can pay it over 6 months but your cliam still doesn't get looked at until you fully pay the fee so for 6 months your still paying for something without any solution.

I will have to wait and see what CCCS suggest to me

fatbelly

Niccy23 wrote: »

I am enquiring about this through CCCS. I think the £90 fee is a bit silly and yes you can pay it over 6 months but your cliam still doesn't get looked at until you fully pay the fee so for 6 months your still paying for something without any solution.

I will have to wait and see what CCCS suggest to me

Six months is the maximum period. There's nothing to stop you paying over a shorter period or even in one hit if you can afford it.

The £90 DRO fee is less than the £360 bankruptcy fee

FlyingHigh_3

I've got two questions:

a.) I'm moving in soon with my better half but are her assets going to be classed as mine if I'm living at the same address? I'd rather they weren't, these are my debts and none of her responsibility! The only asset I have that is worth a dime is my car which easily comes in under £1k in value.

b.) "...your disposable income must be no more than £50 a month" - does disposable income mean literally that? at the moment I have £0 a month disposable but I'm not sure what's classed as a household expense.. I remember from a visit to the CAB years ago that the debt advisor told me I should class things as clothes etc. as household expenses - is this the case?

My biggest concern is the impact (if any) it would have on my other half, other than that I think it would be something I'd look into asap.

fatbelly

FlyingHigh wrote: »

I've got two questions:

a.) I'm moving in soon with my better half but are her assets going to be classed as mine if I'm living at the same address? I'd rather they weren't, these are my debts and none of her responsibility! The only asset I have that is worth a dime is my car which easily comes in under £1k in value.]

No, your assets are your assets, hers are hers. The car is valued on Parker's Guide

FlyingHigh wrote: »

...your disposable income must be no more than £50 a month" - does disposable income mean literally that? at the moment I have £0 a month disposable but I'm not sure what's classed as a household expense.. I remember from a visit to the CAB years ago that the debt advisor told me I should class things as clothes etc. as household expenses - is this the case?.

Your 'intermediary' will advise you whether the amounts you are claiming as expenditure are less than the 'trigger figures' - suggest you contact CAB or CCCS for a chat. Clothes are certainly a legitimate expense!

dottywot

Will my employer know if i obtain a dro, also will i need to change bank account - debt not withcurrent bank and only have basic account. Any one no the answer to my questions?

Thanks in anticaption


dottywot