Debt Relief Orders (DRO) - Information & help thread

immoral_angeluk

elfieb wrote: »

Seeing as you are a person in the know..........:)

Any idea what happens at the end of moratorium?
Should I expect a letter, certificate of discharge of debts, anything like that?
I know I wont disapear from the IS website for 3 months after the end of the order, but just wondering if anything "official" takkes place??

As far as I'm aware you'll just drop off the register as and when. Have personally come across anything which has stated the end of the DRO but I'm not an intermediary, I'm an intermediary's assistant .

fermi

http://www.insolvency.gov.uk/pdfs/guidanceleafletspdf/iir.pdf

DRO records stay on the register for 3 months after the moratorium has ended.

If the moratorium period is extended, the register is changed to show the expected date of the end of the moratorium. Details of the DRO are removed 3 months after that date.

If a DRO is withdrawn, the register is amended to show this. Details of the DRO are then removed 3 months after the DRO has been withdrawn.

immoral_angeluk

pugsley29 wrote: »

yes of course but they are still a creditor I would be giving preference to, thus invalidating any DRO I wanted to enter into.

I do consider this a priority debt as it is an overpayment (different than normal student loan) and they can take me to court I believe and put fee's onto it, it is repayable even if I not working, think I will have to contact the CAB.

This will not be going away with the DRO and will still need to be paid off slowly..

Priority debts are dealt with in a different way to non priority. Paying extra to a priority creditor, in my experience, doesn't cause any problems but you should definitely talk to your caseworker about it.
Student loans are considered priority as they have more powers to enforce payment than for example, credit cards, and they take money directly from your income.

fermi

immoral_angeluk wrote: »

Student loans are considered priority as they have more powers to enforce payment than for example, credit cards, and they take money directly from your income.

Only for the new style loans.

The old mortgage style loans are standard credit agreements, and you pay them back like any other credit. They can't take it from your wages, and SLC have no extra powers to enforce.

If arrears have been built up it sounds very likely that the loans in question are the older style ones.

debrag

elfieb wrote: »

Seeing as you are a person in the know..........:)

Any idea what happens at the end of moratorium?
Should I expect a letter, certificate of discharge of debts, anything like that?
I know I wont disapear from the IS website for 3 months after the end of the order, but just wondering if anything "official" takkes place??

I was about to ask that Mine ends in July and it can't cime fast enough. Just dreading them asking for statements and letters etc I will still have vanquis and cetelem to deal with after this but I should be fine.

debt_doctor

pugsley29 wrote: »

yes of course but they are still a creditor I would be giving preference to, thus invalidating any DRO I wanted to enter into.

I do consider this a priority debt as it is an overpayment (different than normal student loan) and they can take me to court I believe and put fee's onto it, it is repayable even if I not working, think I will have to contact the CAB.

This will not be going away with the DRO and will still need to be paid off slowly..

Hi,
The question of a preference cannot arise in this instance. To count as a preference you must be making a substantial payment (or payments) with a view to improving that creditors position within a DRO.

You cannot improve the student loan companies position as they are excluded from the DRO process.

DD

sparkswillfly_2

Hello was looking for advice from people who have successfully gone through CCCS.

I put my paperwork in on 26th Feb, and was fully prepared for it to take 8 weeks which would take me to around 23rd April. I phoned up again today to check that everything was still on track as Im getting really anxious about the whole thing to be told its another 6weeksish so around 17th May. The woman on the phone said that my application was waiting for the admin to check all the paperwork before sending it on to a counseller. I know they are busy but it seems like an extremely long time. Once it gets past onto a counseller I dont go in another 3 month queue do I?

Truegho

My mum has just got her DRO payment through from the CAB. Once she takes it to the Post Office and pays the £90.00, what happens next? Does she need to get back in touch with the CAB to tell them she has paid, or will it all be done automatically? How long will it take for her to be totally free of being pestered by her creditors?

immoral_angeluk

Truegho wrote: »

My mum has just got her DRO payment through from the CAB. Once she takes it to the Post Office and pays the £90.00, what happens next? Does she need to get back in touch with the CAB to tell them she has paid, or will it all be done automatically? How long will it take for her to be totally free of being pestered by her creditors?

Yes she needs to let them know so they can process the application as they can't do it before it's paid, the system won't let them.

fatbelly

Truegho wrote: »

How long will it take for her to be totally free of being pestered by her creditors?

The applications are usually accepted in 24 hours, and on the website in 48.

Creditors may stilll pester but you can politely direct their attention to the new order, give them the reference number, and invite them to correspond with the OR at Plymouth