Debt Relief Orders (DRO) - Information & help thread

michellew_2

Just to clarify we're in a council house on Income support - so it just passes between offices - we never see any cash lol

scarlet55

michellew wrote: »

Couple of questions for you clever folk please

My husband and I are looking at a DRO each, I understand the £50 or less disposable income - as pretty much everything is joint is that £50 (less than) each or joint in the family budget ( we are on benefits and everything goes into the "pot")?

We are also hopeful of some PPI from the bank after the recent ruling how would this change things?

If one of us were to find a job that drastically increased our income (unlikely but possible) how would this affect us if it was within the "moratorium" period?

Social Fund loan - is this added to DRO as we obviously have less benefit coming in due to payments to SF?

Is DLA (my sons) taken as income?
Thanks

after looking at these questions again i think if you are both doing a dro then you each fill in what your contribution is to the household expenditure, and to be on the safe side just make sure that any surplus comes in at under £25 each......about the ppi, iff it is a considerable amount then i would guess that it could change things.......concerning iff you got a job then it would depend how much you earned....bear in mind your benefits would reduce and you would have more outgoings.....travel expences ect...so you might be ok...:)

scarlet55

michellew wrote: »

Just to clarify we're in a council house on Income support - so it just passes between offices - we never see any cash lol

...you dont put it on your soa then...

Beki88

Not sure if someone replied to you about the DLA but I found this when searching for the answer myself:
http://www.i-m-a.org.uk/pdfs/intermediary-guidance.pdf

Page 44 it states: The debtor‟s income could derive from various sources, including wages, benefits and pensions. All benefits should be scheduled, including DLA, and in the instance of DLA, it is acceptable to record the same amount as expenditure.

So if you receive 300 a month you can put 300 a month as care needs or whatever.

michellew_2

Thanks I know DLA seems to be a grey area sometimes - but we get it for our son and use it to help him lead a "normal" life - if such a thing exists lol and didnt think he (as it is really his money just he's too young) should pay our debts even though they pretty much came about due to having to stop work to look after him

scarlet55

michellew wrote: »

Thanks I know DLA seems to be a grey area sometimes - but we get it for our son and use it to help him lead a "normal" life - if such a thing exists lol and didnt think he (as it is really his money just he's too young) should pay our debts even though they pretty much came about due to having to stop work to look after him

..bless him...i hope when all of your debts are gone you can have a better life with your little one...:A

michellew_2

Have less stressed parents anyway lol

scarlet55

michellew wrote: »

Have less stressed parents anyway lol

and i cant tell you how good that feels..x:j:j

Beki88

michellew wrote: »

Thanks I know DLA seems to be a grey area sometimes - but we get it for our son and use it to help him lead a "normal" life - if such a thing exists lol and didnt think he (as it is really his money just he's too young) should pay our debts even though they pretty much came about due to having to stop work to look after him

I know what you mean as we get it for our son who is 6 and you wouldn't believe the difference it makes, well you might but others wouldn't haha.

I found the notes to be helpful as well as like you say sometimes there are grey areas and not just with DLA.

I also agree with scarlett it will help you be less stressed which can only be a good thing

sarbaz2007

sarbaz2007 wrote: »

Ive been to the advise at the cab today, got everything sorted apart from the fact that he wont submit my application unless i give him the refrence/account nmber of my 2 statue barred debts from 8 years ago. He said he want this in writing.

Now as i have posted up here about this before the bank do not hold any details about me, i even went into branch today the said your account is passed to our debt management and is clear in our part. so called debt management they couldnt find anything either and advised me its too old.

Now the adviser says he either wants the above or a letter from the bank/mobile company concerned to send me a letter to confirm i do not owe them any money (they will not do this) or he wont put my dro through and keeps insisting i declare bancruptcy as all debts are included.

Can someone tell me if this is the case and if not what i should tell him. Also is it possible to ge all me documentation back and go through a diffrent company and not declare those debts or will the draft aplication be a problem.

Sorry for long post.

Any suggestions?