Debt Relief Orders (DRO) - Information & help thread

startagain_2

Who will be processing these if it is not the courts......?

I hope it wont be one of those beureacratic nightmares that we seem to be very good at in this country..... :rolleyes:

thinking of the CSA, Tax Credits etc - we seem to be very good at launching new things without the systems or technology to deal with it properly.

SA

debt_doctor

Its processed directly between the intermediary (CAB etc) and the insolvency service, submitted on line.

And.... the technology is not in place yet !

DD

startagain_2

debt_doctor wrote: »

Its processed directly between the intermediary (CAB etc) and the insolvency service, submitted on line.

DD

That sounds like a good idea........ it is going to make the debt charities and CAB very,very busy....

I hope they are going to get help from the government for extra funding.

SA

k2nga

Yeah i agree i have been having to use the CAB alot in fact i am a regular now but they are up to there necks as it is and there are always a people waiting in the waiting rooms for advice.

debt_doctor

startagain wrote: »

That sounds like a good idea........ it is going to make the debt charities and CAB very,very busy....

I hope they are going to get help from the government for extra funding.

SA

It is going to make us very busy as you say!!:eek: No extra funding is being given :mad: except that £10 out of the £90 fee goes to the money advice trust to provide training.

Wow !

DD

startagain_2

Yet another day that I am counting my blessings for having found this board and got the support for filing for BR sooner rather than later.....

cr1

Hi all,

I see there is lots of people going bankrupt with debts under £15,000 not sure if its been mentioned on here, basically in April goverment are looking to introduce a debt relief order that writes off debt upto £15k without a full blown bankruptcy, not sure if some of you can hold off until then!


"Debt Relief Orders should allow people with debts of less than £15,000 and minimal assets or surplus income to write off debts without a full-blown bankruptcy."

http://news.bbc.co.uk/1/hi/business/7805892.stm

fermi

debt doctor posted a thread on this a few days ago with quite a lot of info/detail.

I'll find it and merge this thread with it. That should "bump" the other thread as well so everyone can see it.

cr1

Thanks Fermi,

Was trying to see if anyone mentioned it, sorry for stepping on anyones toes,

fermi

cr1 wrote: »

Thanks Fermi,

Was trying to see if anyone mentioned it, sorry for stepping on anyones toes,

There is no "stepping on toes" here. All contributions and help are more than welcome.