Help! will I get in trouble for having more than £6,000 in my bank account?

EltonJohnFan

Incyder wrote: »

Or.....withdraw 2.5k and buy all the things you ever wanted, new clothes, tv, carpets, curtains, do the place up a bit......its what your relative would have wanted :beer:

Lol, thanks!

I'm not sure that's realistic though, even if I wanted to as I'd feel very guilty about spending this money knowing I'm over the limit for receiving my Disabliity Living Allowance. I'm really glad to have asked this questoin today because it's made things a lot clearer for me but I am very surprised at how horrible some people have been as I just didn't expect that at all, such a shame they couldn't at least show some empathy to words others who're probably less fortunate than themselves. I could probably well do with getting a few new things for my home but I'm due to move back in with my parents full-time soon and will be getting rid of a lot of things I don't need. It would be nice to have a smile on my face again though because I don't really get out to the shops all that often and I rely on my family and friends to go with me. Thanks for your response though, really made me smile as cheeky as it was

GlasweJen

EJF you'll only need to pay back a small amount (if anything) and you will be able to do this in installments.

Hope you're feeling better after being stuck in the snow at the end of last year.

EltonJohnFan

GlasweJen wrote: »

EJF you'll only need to pay back a small amount (if anything) and you will be able to do this in installments.

Hope you're feeling better after being stuck in the snow at the end of last year.

I'm feeling a lot better now, thank you

I'm actually due to move back in with my parents full-time due to lots of reasons GlasweJen but one of the main ones was that I just no longer felt safe or comfortable living by mself. I'm living with my parents just now whilst I get everything sorted out. I really appreciate the advice on paying back in installments but, if it turns out I've somehow broken the law? then I'm more than happy to pay back the amount I've mistakenly received in full and I'll definitely apologise for this misunderstanding too. I don't get out often to spend money and as I say my only major outgoing is expenses connected with my care/mobility needs as I don't have a car or anything that needs to be debited from my account every month.

Oldernotwiser

Do you claim LHA/HB/CTC because, as these are also means tested, they'll be affected by the amount of capital you have, I'm afraid.

GlasweJen

Your DLA is safe, the only problem would be with the income based job seekers and any income based ESA but as your savings are less than £16k you are still entitled to the benefits just slightly less of them.

Just tell the jobcentre as soon as possible so that they can make the changes on your claim and you'll get a letter explaining what you need to pay back.

seven-day-weekend

Reported to abuse (frig, pcombo and arrontdep).

That's twice today I've reported someone, vary rarely done it before, this place is getting worse.

cit_k

Incyder wrote: »

Or.....withdraw 2.5k and buy all the things you ever wanted, new clothes, tv, carpets, curtains, do the place up a bit......its what your relative would have wanted :beer:

Be careful going that route, could be seen as deprivation of capital.

tcr_3

If the Job Centre adviser told you that your benefit wouldn't be affected if you had savings up to £16,000 ... then you've been misadvised. And that means any overpayment which results could be treated as an "official error" and written off i.e. you won't be asked to repay it.

But it's a poor adviser who would have told you that. Can you be sure you didn't mishear what they said ?

As to just spending £2,500 on any old crap to get back under the limit, as our "new friend who only joined in January & who we've never met before" Incyder says, don't do that. They'll do you for "deprivation of capital" if you go down that road. Instead, establish the date your savings went over £6,000, get your bank statements together for the whole period from that date onwards, 'fess up and send them into DWP. You won't get into trouble for it.

Oldernotwiser

cit_k wrote: »

Be careful going that route, could be seen as deprivation of capital.

Absolutely, and rather worrying that EltonJohnFan has thanked him!

tomitma

pcombo wrote: »

The obvious question for me is how did you get £8k if your on DLA and disabled, If your saving up the benefits money then your obviously getting paid to much.

I know of a couple, that are able to save over £1,000 a month, they both receive high rate DLA, high rate care allowance, and are both on higher rate mobility. They are only claiming what they are entitled to, after years of working, they have never been so well off financially in there lives, there only problem is, that they are both so ill, that they can not spend the money, they are both house bound, have to have 24 hour carers, and are in pain 24 hours a day. I know for a fact that they would give everything back to have there health. The money dosent compensate. As the benefits they are claiming are not means tested, the money just continues to accrue in the bank, but I am sure they would rather be well than have money in the bank.