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DRO- question about budget planner

Adormidera
Posts: 3 Newbie
Hi,
I’m curious, I’m doing my DRO budget planner, living expenses etc. and I’m not sure if few payments towards the debts which I’m paying monthly are included in budget planner? I know I have to have 50 pounds per month left. Does those payments which I’m making monthly are included or not ?
Thanks and sorry for my English (not a first language)
I’m curious, I’m doing my DRO budget planner, living expenses etc. and I’m not sure if few payments towards the debts which I’m paying monthly are included in budget planner? I know I have to have 50 pounds per month left. Does those payments which I’m making monthly are included or not ?
Thanks and sorry for my English (not a first language)
0
Comments
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DRO wipe off your debts, therefore you do not budget for them.Mortgage started 2020, aiming to clear 31/12/2029.0
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Hi,
You should post your budget planner / SOA on here for us to help you with.
DDDebt Doctor, Debt caseworker, Citizens' Advice Bureau .
Impartial debt advice services: Citizens Advice Bureau Find your local CAB *** National Debtline - Tel: 0808 808 4000*** BSC No. 100 ***0 -
As MovingForwards says, you don't include the debt payments in the budget.
The rules are, to have £50 or less per month before making payments to creditors. If you end up with £50 left after paying them then you will be viewed as able to afford paying the contracted amount.I may be wrong sometimes, I learn a little every time I'm corrected.0
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