refused Debt Relief Order

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refused Debt Relief Order

Postby mansepj on Tue Aug 18, 2023 10:11 am

Ive been refued a DRO but my only assets are £120 in the bank and a pension ive being paying into via my employer. is this right?
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Re: refused Debt Relief Order

Postby Broker Boy on Tue Aug 18, 2023 2:07 pm

You will only qualify for a debt relief Order if your savings and other assets (excluding a car valued up to £2,000) total less tham £300. Unfortunately, this also includes the value of your pension fund. It would seem that your pension fund id excluding you from using a Debt Relief Order. We suggest that you speak to a Debt Management Company. why not look at Debt Management on this web site?


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