Debt Relief Orders (DRO) - Information & help thread

sarbaz2007

fatbelly wrote: »

Our guidance is pretty clear - under England/Wales law, SB debt still exists so should be scheduled.

The only time that it wouldn't need to be listed is if there's a statement from the creditor saying the debt is written off.

It is acceptable to put 'not known' as the reference.

So a rough estimate of the amount, would that be ok?
Should i try calling the company to see IF i can get any price/refrence?

fatbelly

sarbaz2007 wrote: »

So a rough estimate of the amount, would that be ok?
Should i try calling the company to see IF i can get any price/refrence?

If you can find balance and reference, it should deal with the debt once and for all. If there's any danger of it taking you over the 15k limit, talk to your AI.

sarbaz2007

fatbelly wrote: »

If you can find balance and reference, it should deal with the debt once and for all. If there's any danger of it taking you over the 15k limit, talk to your AI.

It wont take me over the threshold but i dont even know who/where to start calling and dont wont to complicate things.

What happens if i dont declare it as i dont know if it even exist?

scarlet55

sarbaz2007 wrote: »

It wont take me over the threshold but i dont even know who/where to start calling and dont wont to complicate things.

What happens if i dont declare it as i dont know if it even exist?

hi sarbaz..you have to declare all debts..your dro could be revoked if the or thinks you are not being truthfull with him, especially if they come to light later...just have a word with your adviser, they will know what to do...:)

sarbaz2007

scarlet55 wrote: »

hi sarbaz..you have to declare all debts..your dro could be revoked if the or thinks you are not being truthfull with him, especially if they come to light later...just have a word with your adviser, they will know what to do...:)

I have put them anyway and as fat said i put reference unknown.
I did call up the bank in question and they had my details but could not find any reference to the debt and told it has been cleared as its more than 6 years ago.

Anyway just waiting for tax credit letter, soon as i recieve it i am posting my forms in.

scarlet55

sarbaz2007 wrote: »

I have put them anyway and as fat said i put reference unknown.
I did call up the bank in question and they had my details but could not find any reference to the debt and told it has been cleared as its more than 6 years ago.

Anyway just waitung for tax credit letter, soon as i recieve it i am posting my forms in.

good luck..hope you dont have to wait too long...keep us updated xx

scarlet55

well today is my 4th day without any letters from my creditors...hopefully they have all been informed of my dro and have backed off (fingers crossed) lol :j:j

sarbaz2007

Just to recap:
-filled in DRO form
-experian report (printed online) is that ok?
-child benefit letter
-tax credit letter
-all creditors latest statement
-car v5 document + dads finance agreement to prove ownership
-car insurance payment schedule (do i need to include this?)
-letter from employer confirming hours and pay
-bank statements (in partners name) stopped using mine

Do i need to include anything else or is that ok?

Thanks guys i'll let you know how it goes.

scarlet55

sarbaz2007 wrote: »

Just to recap:
-filled in DRO form
-experian report (printed online) is that ok?
-child benefit letter
-tax credit letter
-all creditors latest statement
-car v5 document + dads finance agreement to prove ownership
-car insurance payment schedule (do i need to include this?)
-letter from employer confirming hours and pay
-bank statements (in partners name) stopped using mine

Do i need to include anything else or is that ok?

Thanks guys i'll let you know how it goes.

i think thats all..yes credit report is fine, thats how i did mine..when did you get the statements from creditors? are you sure they are all up to date....if its not submitted for a few days your adviser may want you to phone them in case they put any interest on...

sarbaz2007

scarlet55 wrote: »

i think thats all..yes credit report is fine, thats how i did mine..when did you get the statements from creditors? are you sure they are all up to date....if its not submitted for a few days your adviser may want you to phone them in case they put any interest on...

I printed some online but the rest i used last weeks statement but put an upto date amount on the DRO form.