Gift of £1000 on DRO

ilomilo
ilomilo Posts: 19
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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.

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  • sourcrates
    sourcrates Posts: 28,558
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    edited 26 April 2021 at 5:57PM
    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.
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  • fatbelly
    fatbelly Posts: 20,258
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    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
    gazzabun84 Posts: 13
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    how often will you be looked into with regards to wages ect
  • fatbelly
    fatbelly Posts: 20,258
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    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.
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