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DRO and benefit backpay question
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demonicangel
Posts: 295 Forumite
in IVA & DRO
I am thinking of doing a DRO, have £4k debt but no longer in a position to pay what I was.
I have put in a claim for Income Support but it got declined, am currently going through reconsideration/appeal.
Although I work 8 hours a week, I should get between £20-40 a week IS, which should be backdated to December, same as Tax Credits.
Would this money class as an asset, it would be over the £300 mark but would be money that I should have had in the first place. If it does, that puts me kind of back at square one!
Have an appointment with the CAB Thursday to get an appointment with a money adviser ( why cant I just make that appointment myself, and save one for someone that needs general advice I dont know!)
Thanks in advance!
I have put in a claim for Income Support but it got declined, am currently going through reconsideration/appeal.
Although I work 8 hours a week, I should get between £20-40 a week IS, which should be backdated to December, same as Tax Credits.
Would this money class as an asset, it would be over the £300 mark but would be money that I should have had in the first place. If it does, that puts me kind of back at square one!
Have an appointment with the CAB Thursday to get an appointment with a money adviser ( why cant I just make that appointment myself, and save one for someone that needs general advice I dont know!)
Thanks in advance!
0
Comments
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Unfortunately any assets or cash you have over £300 will exclude you from a DRO.
SorryI used to be Snow White, but I drifted.Mae West
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Well I have the answer to this, the advisor rang the Insolvancy people and they said it does class as an asset.
The advisor thought it was totally wrong as its money that I should have had.
So its token payments for a while and then DRO once I have had the backpay.0 -
Hello demonicangel, I would put your question on here it specializes in DRO's
http://forums.moneysavingexpert.com/showthread.html?t=1385275"If wishes were horses, then beggars would ride"
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ifwisheswerehorses... wrote: »Hello demonicangel, I would put your question on here it specializes in DRO's
http://forums.moneysavingexpert.com/showthread.html?t=1385275
Thanks, I did that before posting on this part as I only got one reply.0
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