Need to do a DRO

rainbowj63

I think i need to do a DRO i have about 3,000 debt mostly catalogue, I am single unemployed and likely to be so for some time i fear. I havea very small amount of savings which i need as the housing benefit keeps messing up and i am having to pay my rent form that have about two months worth of rent left in my savings. I know i can only have 300 assets but is there any way around this as I am too scared to run out of money all together even if i spent everythign i have on debt it would not clear them
Any answers
please no telings off.
thanks you

Paulgonnabedebtfree

rainbowj63 wrote: »

I think i need to do a DRO i have about 3,000 debt mostly catalogue, I am single unemployed and likely to be so for some time i fear. I havea very small amount of savings which i need as the housing benefit keeps messing up and i am having to pay my rent form that have about two months worth of rent left in my savings. I know i can only have 300 assets but is there any way around this as I am too scared to run out of money all together even if i spent everythign i have on debt it would not clear them
Any answers
please no telings off.
thanks you

I suppose there is no reasons for those savings to show up on the system is there?
I wouldn't even call it savings - more a float.
I can well understand your desire to skirt around the rules. I know how much HB can screw up and it can leave someone homeless when they do that.
Any reason you can't have cash stash at home?

dannynixon

Agreed, don't declare it and take it out and hide it in a piggy bank at home!