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Lee2023

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Joined: Tue Jul 25, 2023 6:53 pm
Post by Lee2023 » Wed Jul 26, 2023 7:02 pm
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Currrntly in an Iva but considering going into a DRO

Can anyone confirm if you can go onto a DRO if you work full time £24k a year but after all bills and expenses I’m still left with little money?

I’ve read all other requirements but unsure on the low income part?
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Breezy

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Joined: Thu Jun 24, 2021 10:04 am
Post by Breezy » Wed Jul 26, 2023 8:38 pm
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As well as all the other criteria, which I assume you know, after all allowable living expenses you must have less than £75 per month disposable income. You need to speak to an approved intermediary (like Citizen's Advice) to work out your I&E.
I am not qualified to give advice and can only state my opinions, based on my IVA experiences.
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