DRO and Defaults

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MustangMantle
MustangMantle Posts: 1 Newbie
in IVA & DRO
Hi
I had a Debt Reflief Order put in place on 5/10/2010.
Can anyone clarify that any of the creditors included should not have my default dates as after this date or not?
2 banks have been removed off of my credit file with my DRO but 1 bank has me defaulting after that date.
My credit file is spotless apart from them.

Can anyone help?

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  • National_Debtline
    National_Debtline Posts: 7,998 Organisation Representative
    First Post First Anniversary Combo Breaker
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    Hi there and welcome to MSE,

    With a DRO the debts are not officially written off for 12months (when the DRO has completed). So if there is a default within 12months of the start date of the DRO, I am afraid that is ok, and quite common for creditors to up date their files in this way.


    Laura
    @natdebtline
    We work as money advisers for National Debtline and have specific permission from MSE to post to try to help those in debt. Read more information on National Debtline in MSE's Debt Problems: What to do and where to get help guide. If you find you're struggling with debt and need further help try our online advice tool My Money Steps
  • fatbelly
    fatbelly Posts: 20,499 Forumite
    Name Dropper First Anniversary First Post Cashback Cashier
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    MustangMantle wrote: »
    Hi
    I had a Debt Reflief Order put in place on 5/10/2010.
    Can anyone clarify that any of the creditors included should not have my default dates as after this date or not?
    2 banks have been removed off of my credit file with my DRO but 1 bank has me defaulting after that date.
    My credit file is spotless apart from them.

    Can anyone help?

    Fermi has a guide here - just substitute DRO for bankruptcy

    http://forums.moneysavingexpert.com/showthread.php?t=677875
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