Debt Relief Orders (DRO) - Information & help thread

North_East_Derbyshire_CAB

JG1984 wrote: »

i have spoken to cccs today for debt advice appoitment, with regards to a dro the lady said that dla is counted as income for it as are all other benefits, so i think a dro is going to have a very limited number of people who it benefits

Hi,

One line in the Insolvency Service Intermediary DRO Guidence notes that relates to DLA may interest you, it goes like this- 'All benefits should be scheduled, including DLA and in the instance of DLA , it is acceptable to record the same amount as expenditure'

Hope this helps

NEDCAB

Numpty_Monkey

Thanks to philnicandamy for the link:A

I think I fall into this catorgory,
I owe £5000, on a DMP, to 2 creditors(intrest still being added) and £500 to family
I was made redundant, (no lump sum pay off) and currently unemployed
no assets, no disposible income,
savings of £600 I'm thinking of using this for BR

If anyone has more info about DRO i would be very gratefull:A

fiveyearplan

Hi Numpty. What are your job prospects? Is it likely you will find something soon or do you think it may take longer? How long is your DMP and do you intend on paying back the £500 to the family member?

Maybe this should be a thread on its own.

debt_doctor

debt_doctor wrote: »

The info comes from a meeting that 2 of my colleagues went to last week held by the instiute of money advisers, guest speaker was from insolvency public policy unit.

From what she said it would appear that you could make payments during the order, the order being revoked for non payment, with monies already paid being lost.

Its all new stuff, I just hope she was well informed !

DD

Well she wasn't well informed and Bat was quite right ! - The DRO will not be processed until all the instalments have been paid.

DD

silent_night

Hi everyone,
I have read this thread and am disappointed to see that we are now 16th march and that no one seems to know much more about this, DRO.
This seems surprising if it is to begin in a couple of weeks. very worrying.
Going off soon to see if I can find anything more on the web about this, but I'm guessing I won't find much info, other than whats already been posted.

I have a couple of questions, My apologies if they have been answered else where..........................
Are CCJ's covered in the DRO?, I suspect so, but am wondering.

Also if I understand it, If a debt was say forgotten about or you don't know who is dealing with it at present (lets face it some debts go astray for years even though you live at the same address for those years, they then rear their ugly heads.) and you do not include it what happens then if you have gone down this DRO route.
Is it that the whole DRO becomes void? I see that yes it is revoked, so a question...............
How would they find out about the undisclosed debt? What ever way it wasn't disclosed EG. because the person had forgotten about it, it would look like the applicant had just declined to include it.

It would be good to see what expenses would be allowed too. Could it be very strict or are we just assuming this. Would telephone, TV license be allowed for example, I have no idea, was wondering if anyone has anymore knowledge n this subject.
It seems to me that there is obviously a realization that this is needed, lots of us in our 20's 30's 40's etc. will be in debt still when we are in the old folks home. Unable to get even a small amount of credit, (Not that I want any) but if they want to give folk a second chance to manage their funds a little better and to join the real world again, this looks like its the way to go for people on lower incomes.
Simon Cowell was BR, now look what he spends in our economy.
I look forward to hearing more on this subject. Thanks SN.

Keeping_Positive

It is worrying as we are waiting till April so OH can apply.

silent_night

I think it starts on 6th April,
Do you know any more about it other than what is posted.
My OH owes £16 grand so its no good for him, back to the struggle.
To date these debts have been kept at bay and in dispute for a year as they cannot provide a CCA.
I thought his debt was under £15 grand but just added it up and its not,
Mind you it would be if we claimed bank charges but one of these debts has gone to court and we defended so it is stayed at present. So I can't claim the charges as far as I understand, unless it carries on and we counter claim. Thats how I understand it anyway.
Oh what a pickle.
Good luck to your OH when he applies.
Please post back with his experience so it helps others.
It is a route I could take if I can include the CCJ, but at present I have read the link to the info but don't quite understand if you can include CCJ or not.

Keeping_Positive

Thankfully his debts are circa 5k and hes on benefits so should qualify,. He was on a DMP with CCCS but I was struggling to support us without the money he paid to them. I reckon most of the remaining debt is made upof interest and charges anyway. He doesnt want to go down that route so hopefully this will clear it. I will post how he gets on.

debtfreenewbie

This sounds ideal for me.I am married but on a low income as I am a carer for my son. My debts are only about 1500 but have two big joint ones.

I think this will benefit a lot of people and I hope those that have lost their job can claim.

Godiva500

Yes ideal for me too - debts lower than £15k and on a pension....... Is a DRO the same as BR for taking the car - according to parkers, its worth £520?