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    • Amy13
    • By Amy13 24th Sep 17, 6:21 PM
    • 41 Posts
    • 18 Thanks
    Amy13
    Hi,

    Are there any DRO experts out there who could check my figures for me? I'm feeling anxious that it won't be accepted.

    My income is 1206!!!8203;

    Board: 500
    Travel: 100
    Food/Toiletries: 210
    Meals at work: 100
    Phone/Internet: 50
    Laundry 20
    Clothing: 75
    Dentist/Optics: 15
    Medication: 30
    Magazines: 5
    Hair: 20
    Emergencies: 30
    Hobbies: 38

    Total: 1193
    • Faisal2110
    • By Faisal2110 26th Oct 17, 5:34 PM
    • 3 Posts
    • 0 Thanks
    Faisal2110
    Advice fro DRO
    I have been reading through the forum and couldn't find an answer so thought I would post my dilemma - using my hubby's account!
    My husband owns our house (his name on deeds only) and pays a mortgage. We have a joint bank account and have a loose understanding that he pays most of the bills and I pay for the groceries and other misc items. I have about 12k on credit cards (on my name) from a few years which I pay off monthly. I recently lost my job and my husband has been trying to keep us afloat but can no ;longer afford to do so. My question is how would I show my expenses when, in essence, my husband has been paying for almost everything? All I have as income currently is child tax credits and child benefits. I really need this to work as we simply cannot cope. In the mean time I'm still looking for a job but it's been months. I genuinely have zero money for myself but not sure how to show it?
    • fatbelly
    • By fatbelly 26th Oct 17, 7:08 PM
    • 12,444 Posts
    • 9,493 Thanks
    fatbelly
    The intermediary would look at your, and your husband's income. Then look at your household expenditure. You would take the relevant proportion of that, e.g. if your income is 10% of the total then you show 10% of each expenditure item. If the end surplus is <50 per month then you meet that criterion.
    • Faisal2110
    • By Faisal2110 26th Oct 17, 7:31 PM
    • 3 Posts
    • 0 Thanks
    Faisal2110
    That's great - thank you. Question is though, if my husband has money left over and I have zero income, surely that is his money and not mine? If that makes any sense? How can I have 50 left if I don't earn any money?
    • fatbelly
    • By fatbelly 26th Oct 17, 9:13 PM
    • 12,444 Posts
    • 9,493 Thanks
    fatbelly
    That's great - thank you. Question is though, if my husband has money left over and I have zero income, surely that is his money and not mine? If that makes any sense? How can I have 50 left if I don't earn any money?
    Originally posted by Faisal2110
    You said 'my income currently is child tax credits and child benefits'

    and asked 'how would I show my expenses '

    That is the question I answered.

    Now if you are saying 'my income is zero', then your proportion of the expenses would be zero and your surplus would be zero.

    But I would want proof that the child benefit and child tax credit claims were not in your name.
    • Faisal2110
    • By Faisal2110 27th Oct 17, 9:12 AM
    • 3 Posts
    • 0 Thanks
    Faisal2110
    Firstly, apologies Fatbelly for not making myself clear. The benefits I get are in both my husbands and my name for our three children. That is what I meant by I have nothing as all we get is child tax credits and child benefit which helps with the children's costs (clothes, lunch money, misc)? The child benefit is my husbands name alone if that makes any difference?
    • fatbelly
    • By fatbelly 27th Oct 17, 2:22 PM
    • 12,444 Posts
    • 9,493 Thanks
    fatbelly
    Firstly, apologies Fatbelly for not making myself clear. The benefits I get are in both my husbands and my name for our three children. That is what I meant by I have nothing as all we get is child tax credits and child benefit which helps with the children's costs (clothes, lunch money, misc)? The child benefit is my husbands name alone if that makes any difference?
    Originally posted by Faisal2110
    Then you could pitch it as having no income.

    It makes little difference. I assume you would show as <50 whichever way it is calculated
    • debt doctor
    • By debt doctor 27th Oct 17, 3:58 PM
    • 4,288 Posts
    • 5,964 Thanks
    debt doctor
    Hi,
    Intermediaries do 'variations on a theme' when it comes to the 50 disposable income figure - not right or wrong - just different.
    For me, in your case, I would apportion 50% of your tax credits (as it is a joint claim) as your income and 'spend' it on a portion of your household expenses.
    If your income was apportioned as a percentage of household income and similar with household expenses then that would be fine too.


    In any event, it seems you will qualify.


    DD
    Debt Doctor, Debt caseworker, Citizens' Advice Bureau .
    Impartial debt advice services: Citizens Advice Bureau Find your local CAB *** National Debtline - Tel: 0808 808 4000*** BSC No. 100 ***
    • Just Peachy
    • By Just Peachy 3rd Nov 17, 11:26 AM
    • 165 Posts
    • 115 Thanks
    Just Peachy
    Hi, I have spoken with a CAB advisor and I have been told that I do qualify for a DRO, which I am happy about. but what concerns me (and I forgot to ask at my appointment) is what happens if I get a new job and therefore more income after getting a DRO. I currently only work 12 hours per week due to having young children but I would like to get a job with more hours some time next year (once my mother in law is able to help with childcare) or another job to work alongside the job I have. so I would probably be going from working 12 hours per week to about 25 hour per week, which would obviously up my income a bit. Is this allowed while having a DRO?
    • fatbelly
    • By fatbelly 3rd Nov 17, 12:32 PM
    • 12,444 Posts
    • 9,493 Thanks
    fatbelly
    Hi, I have spoken with a CAB advisor and I have been told that I do qualify for a DRO, which I am happy about. but what concerns me (and I forgot to ask at my appointment) is what happens if I get a new job and therefore more income after getting a DRO. I currently only work 12 hours per week due to having young children but I would like to get a job with more hours some time next year (once my mother in law is able to help with childcare) or another job to work alongside the job I have. so I would probably be going from working 12 hours per week to about 25 hour per week, which would obviously up my income a bit. Is this allowed while having a DRO?
    Originally posted by Just Peachy
    If your surplus income increases to over 50 per month, then you should let the DRO Unit know.

    Just because you earn more, it doesn't mean you breach the limit.

    For example your starting point may be negative - it would take a lot to get you to >+50

    You would also get less means-tested benefit if your wages increase - less housing benefit, council tax benefit, income support/JSA/ESA - it might not make a great difference to your surplus.

    Working more days may mean greater travel expenses too.
    • Just Peachy
    • By Just Peachy 3rd Nov 17, 4:35 PM
    • 165 Posts
    • 115 Thanks
    Just Peachy
    If your surplus income increases to over 50 per month, then you should let the DRO Unit know.

    Just because you earn more, it doesn't mean you breach the limit.

    For example your starting point may be negative - it would take a lot to get you to >+50

    You would also get less means-tested benefit if your wages increase - less housing benefit, council tax benefit, income support/JSA/ESA - it might not make a great difference to your surplus.

    Working more days may mean greater travel expenses too.
    Originally posted by fatbelly
    Thank you - do you have to let them know of these changes for the whole 6 years the dro is on credit file or is it just the 12 months after the dro starts?
    • fatbelly
    • By fatbelly 3rd Nov 17, 4:49 PM
    • 12,444 Posts
    • 9,493 Thanks
    fatbelly
    Thank you - do you have to let them know of these changes for the whole 6 years the dro is on credit file or is it just the 12 months after the dro starts?
    Originally posted by Just Peachy
    Just the 12 months
    • brute03
    • By brute03 14th Nov 17, 10:02 AM
    • 5 Posts
    • 0 Thanks
    brute03
    Hi

    Just been reading through the posts above and are very helpful as I am looking to go through a DRO so thank you.

    My question is I have 2 cars 1 on HP (which I will be gladly to give back) and the other we own. I have read somewhere if it is worth more than 1000 (it's probs worth between 1000-1500) then they would use whatever it's worth towards paying off some debt. My question is, we would really rely on the 2nd car as I am the only person that earns in the family, do they take this in to consideration or not?

    Also

    Once DRO is accepted, what is life like within those 12 months I.e are hou checked up on? Do you feel like you are being watched etc?

    Thank you
    • fatbelly
    • By fatbelly 14th Nov 17, 7:21 PM
    • 12,444 Posts
    • 9,493 Thanks
    fatbelly
    Hi

    Just been reading through the posts above and are very helpful as I am looking to go through a DRO so thank you.

    My question is I have 2 cars 1 on HP (which I will be gladly to give back) and the other we own. I have read somewhere if it is worth more than 1000 (it's probs worth between 1000-1500) then they would use whatever it's worth towards paying off some debt. My question is, we would really rely on the 2nd car as I am the only person that earns in the family, do they take this in to consideration or not?

    Also

    Once DRO is accepted, what is life like within those 12 months I.e are hou checked up on? Do you feel like you are being watched etc?

    Thank you
    Originally posted by brute03
    I'm not sure what you have been reading but that's a bit garbled

    1. You say you are going for a DRO but the car 'we own' is worth 1000-1500. You need to work out whose car it is. If it's your partner's, then it is nothing to do with your DRO. If it is yours, then you need to get a valuation from Parkers Guide because if it is valued at over 1k, it precludes you from a DRO. It's black and white - you either get the DRO or you don't. No-one will be selling your car or trying to get the equity out of it.

    2. It is your responsibility to inform the DRO team of any relevant changes during the moratorium. There are no routine checks.

    3. Cars on HP are a complex area in DROs. If you are committed to losing it then do a voluntary termination now and get the final balance figure to put into your DRO

    If you have further questions, please ask.
    • CK1223
    • By CK1223 15th Nov 17, 2:17 PM
    • 476 Posts
    • 9,109 Thanks
    CK1223
    Hi everyone

    Does anyone know the current waiting times for Stepchange? I submitted my documents to them on the 31st of October and haven't heard anything back from them yet.

    I'm just getting a bit worried now as I've had a letter from one of my credit card companies today stating that they're removing my promotional rate which will mean an extra 75 a month interest. With a 38 a month deficit each month already I'm starting to panic !!!128532;

    Thank you
    • Amy13
    • By Amy13 15th Nov 17, 9:32 PM
    • 41 Posts
    • 18 Thanks
    Amy13
    Hi everyone

    Does anyone know the current waiting times for Stepchange? I submitted my documents to them on the 31st of October and haven't heard anything back from them yet.

    I'm just getting a bit worried now as I've had a letter from one of my credit card companies today stating that they're removing my promotional rate which will mean an extra 75 a month interest. With a 38 a month deficit each month already I'm starting to panic !!!55357;!!!56852;

    Thank you
    Originally posted by CK1223
    Here's my recent timeline -

    3rd October - Step Change received my paperwork
    13th October - I phoned Step Change for update and had telephone interview
    1st November - Step Change phoned me to discuss draft application
    3rd November - I received draft application and barcode
    6th November - I paid barcode
    7th November - I phoned Step Change to confirm I had paid barcode and gave my up to date balances and discussed the final application. Application was submitted to Insolvency Service.
    9th November - DRO was accepted
    10th November - My details now on the Insolvency Register
    11th November - Received DRO paperwork from the Insolvency Service
    • sourcrates
    • By sourcrates 15th Nov 17, 10:19 PM
    • 14,560 Posts
    • 13,703 Thanks
    sourcrates
    Running st around a months waiting time @t the moment.

    Just have to be patient.

    Debt collection can take years, remember nothing happens quickly, no need to panic.
    I'm a Board Guide on the Debt-Free Wannabe, Credit File And Ratings, and
    Bankruptcy And Living With It, boards. "I volunteer to help get your forum questions answered and keep the forum running smoothly".
    Board guides are not moderators and don't read every post. If you spot an abusive or illegal post then please report it to forumteam@moneysavingexpert.com. Any views are mine and not the official line of MoneySavingExpert.com.

    For free debt advice, contact either : Stepchange, National Debtline, or, CAB.
    For Free Legal advice see : http://legalbeagles.info/
    • Woody667
    • By Woody667 18th Nov 17, 11:37 AM
    • 14 Posts
    • 0 Thanks
    Woody667
    Hi
    Can I move and stay abroad while DRO is already granted for 8 months..

    Or can I go for like 3 months holiday without letting OR know?

    Thanks
    • fatbelly
    • By fatbelly 18th Nov 17, 1:09 PM
    • 12,444 Posts
    • 9,493 Thanks
    fatbelly
    Hi
    Can I move and stay abroad while DRO is already granted for 8 months..

    Or can I go for like 3 months holiday without letting OR know?

    Thanks
    Originally posted by Woody667
    As long as that's not a permanent move, and you have some way of accessing a letter should they send one, I wouldn't think they need to know.

    If you are giving uo your UK address then they need a new one for you.
    • Woody667
    • By Woody667 18th Nov 17, 1:46 PM
    • 14 Posts
    • 0 Thanks
    Woody667
    Thanks Fatbelly
    Very helpfull info..

    What about if I'll stay in other country for like 6 months...?
    As im in DRO for 8 months, and it will end as I'm away ...?

    So, before I leave UK, should I just let OR know that I'll change a correspondence address?
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