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DRO - question.....

I've read it's aimed at people with debts of 15k and less. My question is, and this may sound stupid, but if me and my ex wife have a joint debts, in both of our names, of £29,158.98, would we qualify??? Obviously there'll be amillion other criteria, but just wondering if a joint debts count?

rgds!

Comments

  • rogers1892
    rogers1892 Posts: 28 Forumite
    ? Any ideas anyone ?
  • I am sorry I don't have any answers for you, but I am sure someone will
    be along shortly who will be able to help.
    best wishes
    ally
    Official DMP Mutual Support Club Member No 30
  • I'm not sure I understand your question, and it may be why you've not had a reply yet, what do you mean by DRO?
    Jan 09 [strike]£17965.79 [/strike]:eek: Mar 09 £17765.20
    Lose Weight 24 - 0 / 25 lbs
    Proud to be dealing with my debts :money:
  • fatbelly
    fatbelly Posts: 22,264 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Cashback Cashier
    No you would not qualify. You are each jointly and severally liable for debts of over 15k

    You will need to look at full bankruptcy.
  • Numpty_Monkey
    Numpty_Monkey Posts: 14,196 Forumite
    10,000 Posts Combo Breaker
    I'm not sure I understand your question, and it may be why you've not had a reply yet, what do you mean by DRO?

    This thread might help
    Debt Relief Orders
    PROUD TO BE DEALING WITH MY DEBT NERD #869
    Numpty,Not sure why but I'm crying :o . Of all the peeps on this board you're the kindest & most supportive of all & I'm :mad: & :( for you all at the same time . Wish I was there to give you a big :grouphug: & emergency hobnobs
    xx
    DFD 5/1/16
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