We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 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

Options
2»

Comments

  • fatbelly
    fatbelly Posts: 22,952 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Cashback Cashier
    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
  • TripleH
    TripleH Posts: 3,188 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    Think of a DRO as a mini-bankruptcy (simplifying things).
    May you find your sister soon Helli.
    Sleep well.
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
  • 350.9K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.5K Spending & Discounts
  • 243.9K Work, Benefits & Business
  • 598.8K Mortgages, Homes & Bills
  • 176.9K Life & Family
  • 257.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K 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.