Time limist to set DCO

4 Posts

Hi all,
I'm not sure if anyone can help, but I just got a letter from my OR saying that they are proposing to wavie the time limit to set a Debtor Contribution Order (DCO) as I was not interviewed in the specified time period. I wasn't aware there was a time period and I had an interview a week after they requested one, so I'm not sure what this is about.
I'm not sure exactly what this means, but if I get discharged and later on my salary increases does that mean the OR can set a DCO for me? I through that if a DCO wasn't set by the time I was discharged then they couldn't do it after I was discharged.
Not sure if anyone knows the answer to this one, but if you do, thanks in advance.
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More than a third of IVA`s fail....fact.
Could A Debt Relief Order help you ?
Never pay a fee for a Debt Management Plan.
For free non-judgemental debt advice, contact either : Stepchange, National Debtline, or CitizensAdviceBureaux.