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DRO Question please.
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redmel1621
Posts: 6,010 Forumite


in IVA & DRO
Hello (I posted this on the main board and was advised to post it here)
I am after a bit of advice, not sure if anyone will know the answer to this though.
I am considering applying for a DRO, and having read around on the deptplan website and the debt relief order website, I still can't find any clarification.
I am wondering how it works really, I mean would both mine and my husbands debts be taken into account, and if only mine, would his income/assets be taken into account for my application?
I am not sure if I have made myself very clear
Hope someone understands what I mean and can help me.
xx
I am after a bit of advice, not sure if anyone will know the answer to this though.
I am considering applying for a DRO, and having read around on the deptplan website and the debt relief order website, I still can't find any clarification.
I am wondering how it works really, I mean would both mine and my husbands debts be taken into account, and if only mine, would his income/assets be taken into account for my application?
I am not sure if I have made myself very clear
Hope someone understands what I mean and can help me.
xx
Unless someone like you cares a whole awful lot,
Nothing is going to get better. It's not.
Nothing is going to get better. It's not.
0
Comments
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You may get ore answers if you post this in hte dedicated DRO thread.
https://forums.moneysavingexpert.com/discussion/1385275
All the best with it all.BSCno.87The only stupid question is an unasked oneLoving life as a Kernow Hippy0 -
redmel1621 wrote: »I am wondering how it works really, I mean would both mine and my husbands debts be taken into account, and if only mine, would his income/assets be taken into account for my application?
No, it would just include your debts and any joint debts.
New guidelines suggest that only your income will be included, but how the household expenses will be divided between you and your husband is still unclear.
Post up your SOA and we'll be able to give more advice.:rudolf: Sheep, pigs, hens and bees on our Teesdale smallholding :rudolf:0
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