Debt Relief Orders (DRO) - Information & help thread

immoral_angeluk

istanbul wrote: »

iam still waiting for cab to let me know if dro has been successful also been checking insolvency website to see if our names are up there. i guess they are busy lol

I think the DRO unit are being a bit slow. I'm still waiting for applications that I submitted Tuesday to be approved, yet had an approval email through this afternoon for one I did yesterday lunchtime! Nooo idea.

immoral_angeluk

mandyl wrote: »

I will shortly be applying for debt relief order. i qualify , phew.
I have a scooter that the dealer i purchased it at originally valued it at £800 tops.
so according to rules id be ok keeping it. its my lifeline and helps get me out and helps with the depression etc.
its an 06 plate but not in great nick and has done 40.000 miles .
I looked on parkers but can only find 53 plates at £1300 ,er no way is mine worth that much.
can anyone help? now worrying again
thankyou mandy

If it's an 06 then they will use the 'private poor' valuation from parkers, why can you only find 53 plates?

mandyl

immoral_angeluk wrote: »

If it's an 06 then they will use the 'private poor' valuation from parkers, why can you only find 53 plates?

because thats all thats on there.

immoral_angeluk

mandyl wrote: »

because thats all thats on there.

Have you looked in the Autotrader? If a 53 reg is £1300, it's almost certain an 06 would be higher value than £1000, and so if you were the legal owner then you wouldn't be entitled to a DRO.

fatbelly

mandyl wrote: »

I will shortly be applying for debt relief order. i qualify , phew.
I have a scooter that the dealer i purchased it at originally valued it at £800 tops.
so according to rules id be ok keeping it. its my lifeline and helps get me out and helps with the depression etc.
its an 06 plate but not in great nick and has done 40.000 miles .
I looked on parkers but can only find 53 plates at £1300 ,er no way is mine worth that much.
can anyone help? now worrying again
thankyou mandy

what value does wisebuyers give?

istanbul_2

how often is the register updated we thought we would be on there by now our dro was submitted tuesday . we have both already paid the £90 fees. would there be any chance they are waiting for our signatures before submitting it ? thanks
just had phone call the wifes dro has been successful just waiting for mine

immoral_angeluk

istanbul wrote: »

how often is the register updated we thought we would be on there by now our dro was submitted tuesday . we have both already paid the £90 fees. would there be any chance they are waiting for our signatures before submitting it ? thanks
just had phone call the wifes dro has been successful just waiting for mine

DROs will be approved before the signatures are received don't worry. The insolvency service have been a bit slow this week. I only had approval for one I did tuesday lunchtime late this afternoon, so I would expect yours to be Monday or Tuesday at the latest. It may be that something on the application triggered a manual check instead of being automatically processed which obviously delays it a bit.

The insolvency register itself isn't updated straight away so don't rely on that.

istanbul_2

just one final question do catalogue companies ask for their goods back? also do mobile phone companys ask for their phones back when a dro is made?

immoral_angeluk

istanbul wrote: »

just one final question do catalogue companies ask for their goods back? also do mobile phone companys ask for their phones back when a dro is made?

Mobile phones will be likely to cancel the contract if a debt to them is included in the DRO but the phone will remain yours. As for catalogues unless the goods are rented or the debt secured on goods (hire purchase etc) then no they can't.

istanbul_2

some of the goods on catalogue are buy now pay later