We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 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!
Bankruptcy where do I start
Comments
-
The qualifying criteria for a DRO (England/Wales) are:
- debts under 30k
- surplus income under £75 per month
- assets under £2k
- car (if you have one) under £2k
- not had one in past 6 years
- not a homeowner
1 -
Think of a DRO as a mini-bankruptcy (simplifying things).
May you find your sister soon Helli.
Sleep well.1
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 352K Banking & Borrowing
- 253.5K Reduce Debt & Boost Income
- 454.2K Spending & Discounts
- 245K Work, Benefits & Business
- 600.6K Mortgages, Homes & Bills
- 177.4K Life & Family
- 258.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards