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    • OneHubbyOneSon4Debts
    • By OneHubbyOneSon4Debts 17th May 19, 1:56 PM
    • 114Posts
    • 80Thanks
    OneHubbyOneSon4Debts
    Dro,please don't judge
    • #1
    • 17th May 19, 1:56 PM
    Dro,please don't judge 17th May 19 at 1:56 PM
    As title states please don't judge me just looking for some advice.

    I've been a problem gambler for many many years, won thousands, lost thousands.

    Finally and I really do mean finally I sought help and haven't gambled for 3 months, it's like I've been given a new lease of life, I feel free, BUT yes I'm in debt if around 17,000.

    The debts are spread across 4 credit cards all in my name. I haven't missed any payments on these cards but today I paid each card the minimum payment and that's it can't pay them anymore because my mum and brother where helping me meet the minimum payments but they just can't afford it anymore.

    3 months prior to my 3 months gambling free I spent a hell of amount on gambling approx 6,000, yes I know 6,000 in the space of 3 months on credit cards.

    I really don't know what I was doing or thinking I'm so ashamed.

    My question is, I do fit the bill for a dro, but would there be any chance at all of being granted one because of my stupidity and reckless spending.

    Thanks

    ,
Page 1
    • sourcrates
    • By sourcrates 17th May 19, 3:33 PM
    • 17,192 Posts
    • 16,212 Thanks
    sourcrates
    • #2
    • 17th May 19, 3:33 PM
    • #2
    • 17th May 19, 3:33 PM
    Hi,


    Stupidity and reckless spending are almost a pre-requisit for having a DRO, so relax on that score.


    Baisic criteria are :


    Must not be a homeowner


    Debts of no more than 20k


    No assets over 1000


    A car worth 1000 or less


    Must have less than 50 disposable income at month end (not inc debt repayments).


    More importantly, get help with the Gambling.
    Last edited by sourcrates; 17-05-2019 at 3:35 PM.
    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.
    • OneHubbyOneSon4Debts
    • By OneHubbyOneSon4Debts 17th May 19, 4:09 PM
    • 114 Posts
    • 80 Thanks
    OneHubbyOneSon4Debts
    • #3
    • 17th May 19, 4:09 PM
    • #3
    • 17th May 19, 4:09 PM
    Thank you sourcrates.

    If we could only turn back time.

    All the above criteria I fit for a dro, just so worried it won't be accepted or revoked.
    • sourcrates
    • By sourcrates 17th May 19, 4:26 PM
    • 17,192 Posts
    • 16,212 Thanks
    sourcrates
    • #4
    • 17th May 19, 4:26 PM
    • #4
    • 17th May 19, 4:26 PM
    Thank you sourcrates.

    If we could only turn back time.

    All the above criteria I fit for a dro, just so worried it won't be accepted or revoked.
    Originally posted by OneHubbyOneSon4Debts

    People get in financial trouble for no end of reasons, no one is perfect.


    How you ran up the debt will not effect you getting a DRO, unless any of the debts were due to fraud of some kind, your intermediary will go through your application, and once submitted, it will be granted (subject to the fraud checks mentioned earlier).
    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.
    • OneHubbyOneSon4Debts
    • By OneHubbyOneSon4Debts 17th May 19, 4:33 PM
    • 114 Posts
    • 80 Thanks
    OneHubbyOneSon4Debts
    • #5
    • 17th May 19, 4:33 PM
    • #5
    • 17th May 19, 4:33 PM
    Thanks again sourcrates

    What do you mean by fraud checks?
    • sourcrates
    • By sourcrates 17th May 19, 4:46 PM
    • 17,192 Posts
    • 16,212 Thanks
    sourcrates
    • #6
    • 17th May 19, 4:46 PM
    • #6
    • 17th May 19, 4:46 PM
    Thanks again sourcrates

    What do you mean by fraud checks?
    Originally posted by OneHubbyOneSon4Debts

    Standard fraud checks.


    Any debt that was the result of a fraud, for example claiming benefits when your not entitled to them, loans/cards taken out in someone elses name, that sort of thing.
    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.
    • OneHubbyOneSon4Debts
    • By OneHubbyOneSon4Debts 17th May 19, 4:55 PM
    • 114 Posts
    • 80 Thanks
    OneHubbyOneSon4Debts
    • #7
    • 17th May 19, 4:55 PM
    • #7
    • 17th May 19, 4:55 PM
    Thanks for the clarification sourcrates my stomach was churning then. No I've done nothing like that.

    3 of the credit cards I've had for about 10/12 years, the other one was taken out in 2015, as I say never missed any payments but hand on heart I probably did exaggerate my circumstances when I applied for them.

    Could that cause problems.
    • sourcrates
    • By sourcrates 17th May 19, 4:58 PM
    • 17,192 Posts
    • 16,212 Thanks
    sourcrates
    • #8
    • 17th May 19, 4:58 PM
    • #8
    • 17th May 19, 4:58 PM
    Thanks for the clarification sourcrates my stomach was churning then. No I've done nothing like that.

    3 of the credit cards I've had for about 10/12 years, the other one was taken out in 2015, as I say never missed any payments but hand on heart I probably did exaggerate my circumstances when I applied for them.

    Could that cause problems.
    Originally posted by OneHubbyOneSon4Debts

    No one will ask, or care.


    Its a simple process, there to help, don`t overthink things, as long as you meet the criteria, thats it, there not interested in anything else.
    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.
    • OneHubbyOneSon4Debts
    • By OneHubbyOneSon4Debts 17th May 19, 5:09 PM
    • 114 Posts
    • 80 Thanks
    OneHubbyOneSon4Debts
    • #9
    • 17th May 19, 5:09 PM
    • #9
    • 17th May 19, 5:09 PM
    You've been an absolute star sourcrates

    I will leave you in peace now and ponder my next move, thank you for your time and all the info.

    No doubt I will be back with more questions
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