Gift of £1000 on DRO

ilomilo

If you were to receive a gift of £1000 while under a DRO will it get revoked? I'm on Universal Credit and no longer receive DHP so this will mostly be used on living costs if received.

sourcrates

You are allowed an assets limit of £1000 cash.

So, if you were to receive it, it would not be a problem, and you would not have to inform anyone.

fatbelly

The rules for receiving lump sums while in a DRO are different to when you're applying, and the figures are likely to be revised upwards this year.

Where a lump sum is received and the value of the debtor’s total property (including the lump sum) does not exceed £1,000 no action will be taken.

Where a lump sum is received and the value of the debtor’s total property (including the lump sum) is between £1,000 and £1,990 the Official Receiver will consider the circumstances of the case and may not revoke the DRO.

Where a lump sum is received and the value of the debtor’s total property (including the lump sum) exceeds £1,990 the Official Receiver will consider the circumstances of the case but it is likely the DRO will be revoked.

gazzabun84

how often will you be looked into with regards to wages ect

fatbelly

You're not - you are expected to declare any change of circumstances.

Of course they can look into anything they want to at any time but in practice there is no routine checking.