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Debt Relief Orders (DRO) - Information & help thread
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Hi, can someone help with choosing a DRO provider, I’ve seen various comments about problems with certain companies.
Ive been through extensive budgeting and phone calls with StepChange and with around £45k on cards a DRO is one of few options available to me.
Another question, I’ve somehow managed to keep up with all my card monthly payments mainly by the Peter/paul method ,transfers and cash switching, from my budget it’s clear I can’t keep this up, do I stop paying??I’m hoping a DRO can be approved it’s just that I don’t know who to ask.'Beware of little expenses. A small leak will sink a great ship'. -Benjamin Franklin.0 -
Stepchange will direct you to Citizens Advice or Money Wellness. Either of them should do a DRO for you.
If you have any problems, start a new thread0 -
Then Google is your friend, DRO`s can only be arranged through an approved intermediary.in2deep_2 said:Hi, can someone help with choosing a DRO provider, I’ve seen various comments about problems with certain companies.
Ive been through extensive budgeting and phone calls with StepChange and with around £45k on cards a DRO is one of few options available to me.
Another question, I’ve somehow managed to keep up with all my card monthly payments mainly by the Peter/paul method ,transfers and cash switching, from my budget it’s clear I can’t keep this up, do I stop paying??I’m hoping a DRO can be approved it’s just that I don’t know who to ask.
How to get a debt relief order - Citizens Advice
I’m a Forum Ambassador and I support the Forum Team on the Debt free wannabe, Credit file and ratings, and Bankruptcy and living with it boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.For free non-judgemental debt advice, contact either Stepchange, National Debtline, or CitizensAdviceBureaux.Link to SOA Calculator- https://www.stoozing.com/soa.php The "provit letter" is here-https://forums.moneysavingexpert.com/discussion/2607247/letter-when-you-know-nothing-about-about-the-debt-aka-prove-it-letter0 -
Hi
Just a quick question. If you have a debt relief order are you still eligible to apply for the one off government household support fund payment?.0 -
You are allowed up to £2000 in assets/cash etc, you can do anything as long as you stick within the rules.OutOfTheBue said:Hi
Just a quick question. If you have a debt relief order are you still eligible to apply for the one off government household support fund payment?.I’m a Forum Ambassador and I support the Forum Team on the Debt free wannabe, Credit file and ratings, and Bankruptcy and living with it boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.For free non-judgemental debt advice, contact either Stepchange, National Debtline, or CitizensAdviceBureaux.Link to SOA Calculator- https://www.stoozing.com/soa.php The "provit letter" is here-https://forums.moneysavingexpert.com/discussion/2607247/letter-when-you-know-nothing-about-about-the-debt-aka-prove-it-letter1 -
Thank you for your reply Sourcrates.Much appreciated 🙂sourcrates said:
You are allowed up to £2000 in assets/cash etc, you can do anything as long as you stick within the rules.OutOfTheBue said:Hi
Just a quick question. If you have a debt relief order are you still eligible to apply for the one off government household support fund payment?.0 -
I have my phone interview later this week with MW and I’m nervous as hell,
I’ve submitted all documents but I’m worried they will pick away at my budget and put me outside of eligibility.
Can you offer any tips for dealing with the questioning.
Thanks.'Beware of little expenses. A small leak will sink a great ship'. -Benjamin Franklin.0 -
They are not looking to trip you up. If they don't push you through for a DRO they know you will probably try someone else.in2deep_2 said:I have my phone interview later this week with MW and I’m nervous as hell,
I’ve submitted all documents but I’m worried they will pick away at my budget and put me outside of eligibility.
Can you offer any tips for dealing with the questioning.
Thanks.
It'll be fine0 -
So I had my MW meeting today, tense but very productive, everything is in order and just waiting for me to sign off on the actual submission to the IP.
What can I expect next? Endless creditors phone calls and knocks at the door??Will my banks be periodically inspected??
it’s more nerve wracking now than before.☹️'Beware of little expenses. A small leak will sink a great ship'. -Benjamin Franklin.0 -
You can expect your DRO to be approved and for everything to be frozen for 12 months, after which your debts will be written off.0
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