DRO - public information?
Bleakmidskinter
Posts: 3 Newbie
in IVA & DRO
Good afternoon!
I have a question I’m finding it impossible to get any answer for.
I understand that a DRO is on a public register for 12 months plus 3 months, and on your credit file for 6 years.
However, how long does it remain in the ‘public records’ section of your credit file?
For example, a CCJ remains in the public records section for 6 years, regardless of whether it is settled. But a default is only visible in the financial information section.
If you apply for credit, the creditor can see all areas of your file - CCJs, defaults, late payments etc. But a prospective employer or landlord can only view your public information.
So my question is -
After the initial 12 months, which I understand is public, would an employer or letting agent be able to see a DRO or would it be moved to the financial info section and treated as a default?
Many thanks.
I have a question I’m finding it impossible to get any answer for.
I understand that a DRO is on a public register for 12 months plus 3 months, and on your credit file for 6 years.
However, how long does it remain in the ‘public records’ section of your credit file?
For example, a CCJ remains in the public records section for 6 years, regardless of whether it is settled. But a default is only visible in the financial information section.
If you apply for credit, the creditor can see all areas of your file - CCJs, defaults, late payments etc. But a prospective employer or landlord can only view your public information.
So my question is -
After the initial 12 months, which I understand is public, would an employer or letting agent be able to see a DRO or would it be moved to the financial info section and treated as a default?
Many thanks.
0
Comments
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You are right to say that it will be a matter of public record for 15 months and on your credit file for 6 years BUT it will be permanently available online here :https://www.thegazette.co.uk/.0
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Thank you. That was not my question though.0
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Also - no it won!!!8217;t.0
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You are right to say that it will be a matter of public record for 15 months and on your credit file for 6 years BUT it will be permanently available online here :https://www.thegazette.co.uk/.
Not permanent no, 6 years in total, after which it no longer appears on the insolvency register, so ceases to be a matter of public record, and is deleted.
I have been insolvent twice, and i do not appear in there search engine.I’m a Forum Ambassador and I support the Forum Team on the Debt free wannabe, Credit file and ratings, and Bankruptcy and living with it boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.For free non-judgemental debt advice, contact either Stepchange, National Debtline, or CitizensAdviceBureaux.Link to SOA Calculator- https://www.stoozing.com/soa.php The "provit letter" is here-https://forums.moneysavingexpert.com/discussion/2607247/letter-when-you-know-nothing-about-about-the-debt-aka-prove-it-letter0 -
Bleakmidskinter wrote: »Good afternoon!
I have a question I!!!8217;m finding it impossible to get any answer for.
I understand that a DRO is on a public register for 12 months plus 3 months, and on your credit file for 6 years.
However, how long does it remain in the !!!8216;public records!!!8217; section of your credit file?
For example, a CCJ remains in the public records section for 6 years, regardless of whether it is settled. But a default is only visible in the financial information section.
If you apply for credit, the creditor can see all areas of your file - CCJs, defaults, late payments etc. But a prospective employer or landlord can only view your public information.
So my question is -
After the initial 12 months, which I understand is public, would an employer or letting agent be able to see a DRO or would it be moved to the financial info section and treated as a default?
Many thanks.
Your DRO will stay in the public records section of your credit file for 6 years exactly, it will then be removed automatically.I’m a Forum Ambassador and I support the Forum Team on the Debt free wannabe, Credit file and ratings, and Bankruptcy and living with it boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.For free non-judgemental debt advice, contact either Stepchange, National Debtline, or CitizensAdviceBureaux.Link to SOA Calculator- https://www.stoozing.com/soa.php The "provit letter" is here-https://forums.moneysavingexpert.com/discussion/2607247/letter-when-you-know-nothing-about-about-the-debt-aka-prove-it-letter0
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