Debt Relief Order - anyone know?

want2bfree84

Hey

You may remember me asking about some help for a disabled friend of mine

Well, he has contacted CCCS and they have suggested a debt relief order, which he think sounds FAB:j

Just one question he forgot to ask them; he knows his name will go on an insolvency register BUT, will his name be printed in the newspaper like it is for bankrupsy?

Anyone know?

Also, he has a basic bank account with Natwest; I assume he can keep this?

Thanks

fermi

want2bfree84 wrote: »

Just one question he forgot to ask them; he knows his name will go on an insolvency register BUT, will his name be printed in the newspaper like it is for bankrupsy?

No.

Link: Will my DRO be advertised?

Answer Details of your DRO will be put on the Electronic Individual Insolvency Register on our website: www.insolvency.gov.uk/eiir/ .
These details will be removed 3 months after your DRO has ended.
DROs are not advertised in your local paper or in the London Gazette.

want2bfree84 wrote: »

Also, he has a basic bank account with Natwest; I assume he can keep this?

More likely than not that Natwest will close the account.

So best to open a basic Co-op Cashminder or Barclays Cash Card account instead. Those two are generally OK in bankruptcy, so should be fine with a DRO as well.

want2bfree84

Thanks very much

He does owe money to Barclays though, or will they let him open an account too?