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Worried about getting DRO
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ergot2005
Posts: 19 Forumite
Hi all.
I'm currently running a DMP with stepchange. I've been with them for a year now . Things have now changed my wife has just started maturnity leave and obviously took a large pay cut. So now my bills are bigger. I have done another debt thing with them and I have 13 pounds spare per month. Based off my 1750 take home per month. Which is all well and good
I have 13 debts currently majority are pay day loans "kids don't get these" :money:
I was panicking some years ago and took these out to meet my basic living expenses. Very stupid mistake circa 12k in debt altogether .
I'm very nervous I won't be accepted for a DRO stepchange says they cannot see why I wouldn't be . I'm just unsure how picky the official reciever is. My wages are not static they change from one week to the next. I'm a lorry driver and I work long hours some times. I've put down 400 a week which would be a basic week. Usually this can be anywhere upto 500. I'm really struggling and really would like a Dro
Just wondering if I can explain to the O.R that this discrepancy is due to working extra I would hate to be rejected for this or make things difficult while on DRO? ?
What will the O.R ask for? What does he/she check about me
Proof of income? And anything else???? I'm just waiting for my paperwork from stepchange
I'm currently running a DMP with stepchange. I've been with them for a year now . Things have now changed my wife has just started maturnity leave and obviously took a large pay cut. So now my bills are bigger. I have done another debt thing with them and I have 13 pounds spare per month. Based off my 1750 take home per month. Which is all well and good
I have 13 debts currently majority are pay day loans "kids don't get these" :money:
I was panicking some years ago and took these out to meet my basic living expenses. Very stupid mistake circa 12k in debt altogether .
I'm very nervous I won't be accepted for a DRO stepchange says they cannot see why I wouldn't be . I'm just unsure how picky the official reciever is. My wages are not static they change from one week to the next. I'm a lorry driver and I work long hours some times. I've put down 400 a week which would be a basic week. Usually this can be anywhere upto 500. I'm really struggling and really would like a Dro
Just wondering if I can explain to the O.R that this discrepancy is due to working extra I would hate to be rejected for this or make things difficult while on DRO? ?
What will the O.R ask for? What does he/she check about me
Proof of income? And anything else???? I'm just waiting for my paperwork from stepchange
0
Comments
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Hi,
It's not bankruptcy, you don't need to explain anything or provide any proof.
Your intermediary fills in the forms on your behalf, it's submitted to the insolvency service, they do Some basic checks, and normally go with the intermediarys recommendation.
Stepchange or who ever you use, will round your budget up as an average figure, they don't submit DRO applications unless there 99.9% sure they will be accepted.
Relax.I’m a Forum Ambassador and I support the Forum Team on the Debt free wannabe, Credit file and ratings, and Bankruptcy and living with it boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.For free non-judgemental debt advice, contact either Stepchange, National Debtline, or CitizensAdviceBureaux.Link to SOA Calculator- https://www.stoozing.com/soa.php The "provit letter" is here-https://forums.moneysavingexpert.com/discussion/2607247/letter-when-you-know-nothing-about-about-the-debt-aka-prove-it-letter0 -
Ok thank you. I understand it's not bankruptcy. Just won't want to mess things up I understand if your rejected yiu cannot reapply .
Step change seemed happy with everything so hopfully all will be ok. Really keen to get it sorted so I can step thinking about debts. Bills stress and start enjoying life again0
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