DRO advice please

Coln · 29 January 2012 at 5:14PM

Hi,
I am 56 ears old.
I have a Halifax debt which currently is £11,300.
From 2006 onwards the debt has been handled by Halifax Debt Collection Agency. The amount was frozen [no further interest charges] and I agreed to pay £10 a month. Between 2006 and 2011 I paid varying monthly sums between £10 and £18.

Since 2011 I have only been able to pay £10 - Reviewed every few months.
Throughout this period I have lived only on Housing and Medical benefits. I have been struggling with Depression and other mental Health issues.

In March 2011 - with the aid of Family / Friends - I attempted to make a "Full and Final payment offer" of £3,500 but this was declined [The funds being offered by family/friends for that purpose only]

A second offer [this year] of £5,000 [again the funds being offered by family/friends for this purpose only] has also been declined.

I could continue to pay the £10 a month but feel I want to have some kind of closure to this and I am likely to continue to rely upon benefits for some time.

A friend has suggeted that I seek a DRO. He has looked at the qualifing conditions and says that I should apply.
I have no savings, car or assets of £300.

If I applied for a DRO would the fact that I am paying the £10 a month prejudice the DRO application ??

Any advice about what I have written above would be appreciated and thanks for reading.