£90 DRO fee in instalments?

NorthFin

If I pay the £90 fee in instalments, does the DRO only start when the final payments have been made? Or does it start when the first instalment is paid?

Say if for any reason the DRO is not granted then you dont have to pay any more instalments?

sortingdebts

Off the top of my head, I believe the DRO is only submitted once you have fully paid the £90 fee.

I'm close to finishing my DRO, and when I did it, I paid the full £90 up front, and then it was submitted.

bell123321

It only gets processed when you have made the final instalment.

NorthFin

Thanks for relpies. Thats a bummer, I havent got £90.

So now it makes sense what I read about you have 6 months to pay the last installment.

I have some creditors really on my back, I guess I will just have to find a way to pay it off ASAP, so I can process my DRO.

fatbelly

The six months thing isn't applied any more.

But it's best to just get the fee paid and let your intermediary know.

The DRO Unit like the fee to be paid on or before the day the application is submitted but if it is submitted early they will check for the payment for 10 days before rejecting the application.

staciiee

i received my letter with barcode on and it says that it has to be paid within ten days

wba31

staciiee wrote: »

i received my letter with barcode on and it says that it has to be paid within ten days

This is only if your intermediary has submitted your application already. I imagine most wait until you inform them that the fee is paid and you are happy with the application

NorthFin

It would be nice if you could submit it, and wait ten days to see if it will be turned down, then you would not risk the £90.

I am all ready to submit, but I havent got £90.

I also need to get latest numbers for gas/electric and water as they are all included and I do not know the final figure that I owe them. Is it right up to the day it is submited, then I give them the metre readings?

bell123321

NorthFin wrote: »

It would be nice if you could submit it, and wait ten days to see if it will be turned down, then you would not risk the £90.

I am all ready to submit, but I havent got £90.

I also need to get latest numbers for gas/electric and water as they are all included and I do not know the final figure that I owe them. Is it right up to the day it is submited, then I give them the metre readings?

I was asked to get balances the day the DRO was being submitted to ensure the figures were correct. (Doesn't matter if it was slightly over the amount owed but if below they could chase for the difference).I just called up and asked for the figures.

fatbelly

bell123321 wrote: »

I was asked to get balances the day the DRO was being submitted to ensure the figures were correct. (Doesn't matter if it was slightly over the amount owed but if below they could chase for the difference).I just called up and asked for the figures.

That's correct. In practice I haven't met anyone try to 'chase the difference' but if you have to estimate, then go bigger. Technically it should be the amount owed on 'the day of determination' and that is usually the working day after submission. But not always.

NorthFin

I am trying to get the water but they ask for the metre reading and I cant locate it. I think I know where the meter is but its under a large manhole cover I cant lift up. I will just estimate a larger number, is that OK do you think?