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DRO and CAB

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Have paid 90 fee for dro through the CAB, but they are saying 3 to 6 months for my application.  Anyone had similar experiences?.

Comments

  • mwarby
    mwarby Posts: 2,048 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Doesn’t sound too good, are they willing to refund that if you can find somewhere who could act quicker such as stepchange. You will need to go through a process to ensure it’s the right insolvency solution and there will be budgets and documentation to go through, but 3-6 months is on the long side
  • 1977dave
    1977dave Posts: 90 Forumite
    Second Anniversary 10 Posts Name Dropper
    Citizens advice told me 3 months, this was at new year, I went through Stepchange and it was all done within 2 weeks from initial query to DRO being granted 
  • fatbelly
    fatbelly Posts: 22,856 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Cashback Cashier
    Have you asked why there is such a long wait?
    They can at any time request a refund of the fee paid, and the DRO Team can send it by cheque or BACS, but it sounds like someone just needs to get their finger out. I cannot imagine any CA office being happy with ready-to-go DRO files sitting there for 3-6 months.
    It's not complex - they just need to get the credit checks done, the fee paid and the button pressed
    Ask to speak to a manager or the CEO.
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