Template letter requesting to be told the full amount of money owed for every debt??

fatbelly

Firey668 wrote: »

What checks are done on you at the end of the 12months after DRO started??

Thanks

Well, we're only just at the 12-month point with these orders, but the answer seems to be: none!

Discharge is automatic. This is from the IS newsletter:

The anniversary of some of our first DROs has now passed and intermediaries may receive enquiries as to what happens next.

The moratorium period ends automatically and therefore no action is required on the part of the debtor to bring it to an end. There is no certificate provided or available to confirm completion of the period.

At the end of the moratorium period the debtor is discharged from all the qualifying debts specified in the Order, including interest, penalties and other sums which may have become payable in relation to these debts since the application date.

Discharge from the qualifying debts does not apply in relation to any debt that was incurred in respect of fraud or fraudulent breach of trust to which the debtor was a party.

The debtor may continue to receive correspondence from creditors scheduled in their Debt Relief Order; however no creditor has any remedy in respect to those debts and may not commence proceedings for recovery subsequent to the end of the moratorium period.

Firey668

fatbelly wrote: »

Well, we're only just at the 12-month point with these orders, but the answer seems to be: none!

Discharge is automatic. This is from the IS newsletter:

Thanks. :beer::o