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Debt Relief Orders (DRO) - Information & help thread

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  • So, great relief, DRO officially approved today a mere 2 days after submission.
    Do I need to do anything now in respect of sending the notice to my creditors or will the insolvency people send it to each of them??
    'Beware of little expenses. A small leak will sink a great ship'. -Benjamin Franklin.
  • fatbelly
    fatbelly Posts: 22,776 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Cashback Cashier
    in2deep_2 said:
    So, great relief, DRO officially approved today a mere 2 days after submission.
    Do I need to do anything now in respect of sending the notice to my creditors or will the insolvency people send it to each of them??
    Well done. You sit back and relax. The creditors were emailed when the dro was approved
  • sourcrates
    sourcrates Posts: 31,320 Ambassador
    Part of the Furniture 10,000 Posts I've been Money Tipped! Name Dropper
    in2deep_2 said:
    So I had my MW meeting today, tense but very productive, everything is in order and just waiting for me to sign off on the actual submission to the IP.
    What can I expect next? Endless creditors phone calls and knocks at the door?? 
    Will my banks be periodically inspected??
    it’s more nerve wracking now than before.☹️
    None of the above, no calls, no knocks, creditors are all informed of your DRO.

    Your bank account is not checked by anyone, that would be a breach of the GDPR.

    Once approved, you wait 12 months, life carries on as per normal, after which your debts are written off.

    No fanfare, no big finish, all very quiet and civilised really.
    I’m a Forum Ambassador and I support the Forum Team on the Debt free wannabe, Credit file and ratings, and Bankruptcy and living with it boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.For free non-judgemental debt advice, contact either Stepchange, National Debtline, or CitizensAdviceBureaux.Link to SOA Calculator- https://www.stoozing.com/soa.php The "provit letter" is here-https://forums.moneysavingexpert.com/discussion/2607247/letter-when-you-know-nothing-about-about-the-debt-aka-prove-it-letter
  • RAS
    RAS Posts: 35,226 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    The fees paid for the DRO really don't allow much oversight. It's based on self-reporting.

    Obviously if you get an inheritance and lottery win, you need to report it. If you get a small pay increase, do check whether your outings have increased as well. 


    If you've have not made a mistake, you've made nothing
  • Hi, is this normal. Obviously I was expecting it but not the ccj part.
    is this just clearscore getting confused.??

    'Beware of little expenses. A small leak will sink a great ship'. -Benjamin Franklin.
  • fatbelly
    fatbelly Posts: 22,776 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Cashback Cashier
    Yes, it sounds like it. Check another report if you are worried
  • Hi, Is it normal to not receive any acknowledgment from creditors?? DRO was approved a month ago and so far I’ve only had missed payment letters.
    Is it up to me to inform creditors??
    'Beware of little expenses. A small leak will sink a great ship'. -Benjamin Franklin.
  • fatbelly
    fatbelly Posts: 22,776 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Cashback Cashier
    They are informed by the Insolvency Service
  • sourcrates
    sourcrates Posts: 31,320 Ambassador
    Part of the Furniture 10,000 Posts I've been Money Tipped! Name Dropper
    in2deep_2 said:
    Hi, Is it normal to not receive any acknowledgment from creditors?? DRO was approved a month ago and so far I’ve only had missed payment letters.
    Is it up to me to inform creditors??
    Creditor response to a DRO being granted is often quite muted, some may not even acknowledge it at all.

    But non of that matters, a DRO is a statutory insolvency solution, you may get an acknowledgement letter or you may not, but after 12 months your debts are written off, and you are then debt free.

    During this moratorium period, your creditors can`t approach you for payment, so some will just go radio silent.
    I’m a Forum Ambassador and I support the Forum Team on the Debt free wannabe, Credit file and ratings, and Bankruptcy and living with it boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.For free non-judgemental debt advice, contact either Stepchange, National Debtline, or CitizensAdviceBureaux.Link to SOA Calculator- https://www.stoozing.com/soa.php The "provit letter" is here-https://forums.moneysavingexpert.com/discussion/2607247/letter-when-you-know-nothing-about-about-the-debt-aka-prove-it-letter
  • Robbie64
    Robbie64 Posts: 2,131 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    I was granted a DRO on 25 September 2019, which completed successfully on 25 September 2020. When will the DRO fall off my credit reports? Is it 6 years from when the DRO was granted (25/09/19) or 6 years from when it was satisfied (25/09/20).
    Thanks in advance for any reply.
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