Debt Relief Orders (DRO) - Information & help thread

fatbelly

From the intermediary guidance notes:

The debtor must be clearly instructed to include all debts that they owe, on the application form, including any rent or utilities arrears.

(their emphasis)

The consequences of omitting information from the application form, which is required by the Official Receiver to grant a DRO, are varied. The Official Receiver may refuse to approve a DRO if it is established during consideration of the application that the debtor has omitted information. If a DRO has been approved, and it is later found that the debtor omitted key information, the Official Receiver may also revoke the DRO. This would result in the debtor once again being vulnerable to actions from their creditors. If it is considered by the Official Receiver that the omission was sufficiently serious, the debtor may also be charged with a criminal offence and/or, have civil action taken against them, such as a Debt Relief Restrictions Order (DRRO).

timberloaf

Hi all.

i support adults with learning disabilities and one thing that always crops up is money and how to look after it. Time after time, these wonderful people i look after and look out for are always finding some way of getting into ridiculous amounts of debt. I have recently taken someone to CAB in order to apply for a debt relief order. It's fantastic, because the doorstep loan sharks, catalogues and other high interest rental firms have clearly taken advantage of this person and they now have paid the £90.00 fee for the DRO and get to keep all their goods. Some people say it doesnt work for them, but for once the most undervalued people in out society have a way to get out. Even better, the credit score drops rendering them unable to get credit which is really a good thing for some of these poeple.

Just thought i'd share my little story.

alexlouise

I am in debt and am really interested in knowing about DRO can anybody please help me and tell me where and how to get the ball rolling ty

RecoveringAlcoholic

alexlouise wrote: »

I am in debt and am really interested in knowing about DRO can anybody please help me and tell me where and how to get the ball rolling ty

http://www.insolvency.gov.uk/bankruptcy/DRO/debtors.htm


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[Deleted User]

A dro success story:I have been helping my MIL with a DRO we saw CAB 3 weeks ago 2 weeks later we went back did the paperwork paid the £90,this was 3pm friday the following monday at 10am she got a tele call saying the DRO had been accepted by the OR and to stop ALL payments,as there had been some doubt as to wether the dro would be granted she was over the moon it went thru so fast.
The only downside: she had a bank account with barclays for 48 years and although there was no o/draft facility and for the lat 6 years she had used it only for d/debits they closed it there and then.

wba31

alexlouise wrote: »

I am in debt and am really interested in knowing about DRO can anybody please help me and tell me where and how to get the ball rolling ty

Contact CAB, CCCS or National Debtline, go through your circumstances with them and if a DRO is suitable they should point you in the right direction

sparkswillfly_2

National Debtline reckon its going to take them 8-9 weeks to help me apply for a DRO because they are so busy! Is there anyway I can sort this quicker? I cant have this on my mind for that long.

philnicandamy

List of alternative DRO providers

http://www.insolvency.gov.uk/bankruptcy/DRO/auth.htm

sparkswillfly_2

So far Ive failed to get through to my local cab and been spoken to like poo by some jumped up woman from Baines and Ernst. Think Ill just have to wait for debtline to help me, at least they were polite.

Truegho

My mum, a widowed pensioner, wants the CAB to put her in for a Debt Relief Order. However, will this mean that she will have her two bank accounts - Barclays (owes them a £2000 loan) and Halifax (owes them nothing and is the main account into which her weekly pension is paid) - frozen? Surely they won't freeze the Halifax one, will they?

Also, she is puzzled as to why the CAB haven't automatically put her in for a DRO, and she has to keep contacting them to ascertain what the situation is.