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Should minimum payments be included in my budget?
Maybe a dumb question, but I can't find the answer. To get a DRO, I should have less than £50 disposable income every month after living expenses. But should I include minimum payments on my debts as a basic living expense?
If the minimum payments should be included, once I stop paying them I'll have more disposable income. Will the intermediary take it and share it between my creditors?
Dave
If the minimum payments should be included, once I stop paying them I'll have more disposable income. Will the intermediary take it and share it between my creditors?
Dave
0
Comments
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The £50 disposable income is BEFORE you pay anything towards debts!:jEngaged 25/12/11 :j
:smileyheaMarried the man of her dreams and became Mrs M on 26th April 2013 :smileyhea0
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