DRO and CRA defaults

caz2003uk

I know my debts aren't officially written off until the end of the 12 months, but I just logged into noddle and noticed that defaults are still being added every month...is this normal?

After my dro is completed do the companies, then mark the defaults as the dro approval date?

Im just trying to get my head round all this for the next step when the dro finally finishes in 4 months!

fermi

Yes, that is normal.

They will not be adding new defaults every month.

The Ds or 8s added just indicate a monthly update on the status of the original default. Not new ones.

Once the DRO is finished they will have to stop that and mark the account/status in some way to show it is settled instead.

The date for the original default should be on or before your DRO start date.

Once the DRO has finished, check your credit files to make sure:

- The original default date is on or before your DRO start date.
- The debt is marked as settled or a partial settlement.

If it not, then you start making complaints.

caz2003uk

Thanks for that fermi!

Ill check the default dates

edit: Just checked all default dates are long before the dro was approved

fermi

If they are long before, then that is even better.

All you have to do then is make sure the debts are updated as settled in some way once your DRO is finished.

caz2003uk

fermi wrote: »

If they are long before, then that is even better.

All you have to do then is make sure the debts are updated as settled in some way once your DRO is finished.

yeh they 2008,2009,2010! Thats the ones on noddle anyway! I know there are a few more that aren't on noddle's CRA report! Ill get the others after my dro is complete no point paying now and then paying again then!