Dro approved today

tracytaxi

I had a phone call to say for now my dro is approved unless something else comes up , is that a normal thing for a intermediatry to say ? Also how soon will it appear on the insolvency register please Thank you

caz2003uk

Well done and normally within 24-48 hours

fatbelly

Approved is approved.

It could be revoked later but most DROs survive the 12 months. If it was approved yesterday you will be on the register today.

Well done.

debt_doctor

Pleased to see it was approved - close wasn't it!!;)

DD

tracytaxi

Yes paperwork for dro arrived today, as did some statement phoned up reliable and collections and told them I had a dro, they seemed not to know what it was and said they have today applied interest in and charges, don't know whatto do about that .
And yes it was close thank you

fatbelly

tracytaxi wrote: »

Yes paperwork for dro arrived today, as did some statement phoned up reliable and collections and told them I had a dro, they seemed not to know what it was and said they have today applied interest in and charges, don't know what to do about that .
And yes it was close thank you

They can do what they want with interest etc. The debt is unenforceable during the moratorium period and will be written off at the end of that period. It doesn't matter if they take you over the limit.

Surprised they don't know about DROs - they are in a lot of the ones I've seen so must be in a fair few thousand by now.