Finances and extra costs
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Clearing Debts

charlie79charlie79 Member Posts: 203 Pioneering
edited November 2020 in Finances and extra costs
I've recently looked at DRO option where you pay £91 to clear your debts if your struggling. I qualify for all the criteria. The only problem is i have a Argos account which is part of the debt im struggling to pay. If I apply for this DRO would I have to return the goods from the catalogue . I last ordered something on line a year ago but the debt is still there.

Replies

  • janer1967janer1967 Member Posts: 12,062 Disability Gamechanger
    Hi there I am not totally sure of the answer but I would imagine it would just be part of the debt it is unlikely they would want a product back that is a year old it would have no value to them it is the payment they would want

    Please make sure you get expert advise before getting into any debt management scheme as lots out there are not as good as they seem, they control all your money for years and charge you a fee for doing so speak to step change they are a debt charity

    When I had debts I rang the debtors and organised an affordable repayment plan myself with each of them  
    Here to help with my experience in hunan resources and employment rights 
  • Ross_ScopeRoss_Scope Posts: 4,697

    Scope community team

    Hi @charlie79

    Just to let you know I have moved your discussion to our finances and extra costs category.

    I would echo the advice given above, hope you manage to get everything sorted.
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  • charlie79charlie79 Member Posts: 203 Pioneering
  • poppy123456poppy123456 Member Posts: 23,267 Disability Gamechanger
    Proud winner of the 2019 empowering others award. This award was given for supporting disabled people and their families for the benefit advice I have given to members here on the community.
  • woodbinewoodbine Community Co-Production Group Posts: 5,111 Disability Gamechanger
    Firstly you wouldn't have to return the goods to Argos, secondly DRO's can be a great solution my mother in law did one about 12 years ago, there is only one downside and that is it would be at least 6 years before you would be able to borrow any money again from anybody, the DRO itself is something that takes upto 9 months to finalise, my MIL did it with the help of CAB but as @poppy123456 says step change will advise.
    If you do decide to go down the DRO road and any of the people you owe money to give you any hassle you just refer them to the official receiver.
    Good luck.
    I will now only offer benefits advice on PIP, and specific benefits advice for other people with Epilepsy. 
  • charlie79charlie79 Member Posts: 203 Pioneering
    To be honest I am panicking and stressing about debts. They are credit cards I am paying back but I due for an esa assessment and always worried my money may be cut and would have to appeal. I am completely housebound and depend on my 2 friends and services. Would I have to include PIP in income if I apply for DRO. I owe £2000 on one card £500 on another and £200 on one and £180 on my argos card
  • charlie79charlie79 Member Posts: 203 Pioneering
    I'm making payments but its the interest on them that swallows me up
  • poppy123456poppy123456 Member Posts: 23,267 Disability Gamechanger
    Yes, PIP will be included in the DRO but then you need to add in your disability related expenses. Please have a read of the link i posted above.
    Proud winner of the 2019 empowering others award. This award was given for supporting disabled people and their families for the benefit advice I have given to members here on the community.
  • charlie79charlie79 Member Posts: 203 Pioneering
    WILL SDP be taken into account
  • poppy123456poppy123456 Member Posts: 23,267 Disability Gamechanger
    Yes because it's part of another benefit, it's not a benefit on it's own.
    Proud winner of the 2019 empowering others award. This award was given for supporting disabled people and their families for the benefit advice I have given to members here on the community.
  • charlie79charlie79 Member Posts: 203 Pioneering
  • woodbinewoodbine Community Co-Production Group Posts: 5,111 Disability Gamechanger
    @charlie79 I must say that a DRO seems a bit drastic for less than £3000 of debt, you can clear upto £21000 of debt with a DRO as @poppy123456 has advised have a chat with step change there are other options.
    I will now only offer benefits advice on PIP, and specific benefits advice for other people with Epilepsy. 
  • poppy123456poppy123456 Member Posts: 23,267 Disability Gamechanger
    @woodbine i have to agree with you here.
    Proud winner of the 2019 empowering others award. This award was given for supporting disabled people and their families for the benefit advice I have given to members here on the community.
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