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Dro Advice

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LottieLoo1 | 22:12 Tue 17th Dec 2019 | Business & Finance
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Hi

Long story short I'm in alot of debt, I qualify for a DRO which I plan to apply for in March - or sooner if I can get money together.

I'm due a large back payment from Universal Credit and had planned to pay my mum back a personal loan she made to me (before the DRO was considered) and clearing one of my debts but now I'm concerned if this is breaking the rules?

Any advice please
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As you have not yet applied for the DRO the following will apply

You must tell your DRO adviser if in the last 2 years you’ve:
given away assets sold assets for less than their value, for example if you sold a car worth £2,000 to a friend for £200

**prioritised paying back one creditor over others, for example if you paid off a debt you owed to a relative and didn't pay your other creditors**

Your DRO application might be refused if any of these apply to you. They'll look at the facts of your case before making a final decision.

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