Author Topic: DRO - Did you know!  (Read 1044 times)

shocksoc335

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DRO - Did you know!
« on: Feb 12, 2011, 08:01:04 AM »
Right now you can't apply for a DRO if you have a pension valued above £300.00 BUT..............as from April you can apply for a DRO if you have an approved pension above £300.00 that is HRMC approved!
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James Falla

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Re: DRO - Did you know!
« Reply #1 on: Feb 15, 2011, 06:10:26 PM »
You are absolutely right Elizabeth. It is expected that the change in the rules will come in from the 6th April this year which will be most welcome and bring DRO legislation more in line with bankruptcy in terms of personal pensions. Generally speaking most main stream pensions will be approved under the new rule. Great news :)
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shocksoc335

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Re: DRO - Did you know!
« Reply #2 on: Feb 15, 2011, 07:21:24 PM »
Hi James,

I'm not Elizabeth McCue its just something I am supporting that's debt related and is a great help to people in debt! Not sure I can mention what it is though!
Supporting 'Practical Debt Advice' by Elizabeth Mc