📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

can anyone help please?

2»

Comments

  • lauz8726
    lauz8726 Posts: 23 Forumite
    i am eligible but even if i do that it doesnt wipe the debt for a year so i would still be paying it until a year from now and then if my circumstances have changed by the year nothing will be wiped and i will still have to pay it all so realy i will have just paid an extra £90 :/
  • moohound
    moohound Posts: 1,209 Forumite
    Debt-free and Proud!
    lauz8726 wrote: »
    i am eligible but even if i do that it doesnt wipe the debt for a year so i would still be paying it until a year from now and then if my circumstances have changed by the year nothing will be wiped and i will still have to pay it all so realy i will have just paid an extra £90 :/

    I don't think you pay the debts during the year the order lasts, just the £90. Have a look on the citizens advice website.

    How much do you pay a month at the moment?
    ISA £1675 :DMiniMoohound savings £3685.86 :T Plus £3800 CTF :)
    'MrMoneyMuststache' my new hero, Martin Lewis my long time hero
    Poacher turned Gamekeeper
    Roadkill rebel No 52 Aug £1.34p Sept 24p Oct 5p Nov 5p Sealed pot Challenge No 403 £176.66(2014) :staradmin NOV NST No 20
  • tallyhoh
    tallyhoh Posts: 2,307 Forumite
    Part of the Furniture 1,000 Posts
    If your financial situation doesnt improve after the 12 months the debts are written off on a DRO, is your situation likely to change?
    Tallyhoh! Stopped Smoking October 2000. Saved £29382.50 so far!
  • lauz8726
    lauz8726 Posts: 23 Forumite
    im hopeing so lol,cant go on much longer like this
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.3K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.3K Work, Benefits & Business
  • 599.4K Mortgages, Homes & Bills
  • 177.1K Life & Family
  • 257.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.