No money left; Bankruptcy or DRO? Please help;

SimIsOnTheUp

patman99 wrote: »

Sim, I noticed an entry for 'Graham White & co' if this is in respect of a Private Parking Company 'invoice' then this can be cheerfully ignored.

Good luck with the new job btw. I started back to work last week.

Thanks for the info.

One of my debts is indeed with 'Graham White & Co'.

Sadly, I don't think it can be ignored though!

It's not a parking fine, but an old 'Vanquis' credit card debt

Hope your new job is going well!

Cheers,

Sim.

SimIsOnTheUp

mel12 wrote: »

On a DRO your surplus income needs to be less than £50 per month for the whole year or it can be revoked.

Will you have much of a surplus with the new job?
(theres probably some scope for increasing your expenditure so it won't necessarily be a problem).

My 'surplus' income will be very little.

Definitely less than £50 per month, as the work I'm going to be starting next week is just self - employed market research telephone surveys from home (only a few hours a week).

Am aware of the importance of any surplus income being less than £50pm, but thanks for the info