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Posted: Wed Jul 15, 2009 8:41 pm
by pd004
Ihave been advised by cab that a debt relief order was the best option open to myself and my partner.My interview was backin Febuary 09, he advised me tha the DRO process did not come into effect until April 09,so he advised me and my partner not to pay any creditors,which we havent for 6 months. I have made numerous phone calls to hime since April and all he has advised me was to offer £1 a month to all creditors, and the DRO will take a couple of weeks 12 weeks up untill this point. Im totally left in the dark with all this as im not atall financially savvy i belive that he is trying to fob me off. Any help PLEASE.
Posted: Wed Jul 15, 2009 8:48 pm
by kallis3
You need to push things with him, or speak to someone else.
As long as your debts are less than £15000, you have no house, no disposable income above £50 once your normal bills have been paid and no assests over £300 then you are eligible for a DRO.
They have been in force since April, so insist that you are put forward for one if you fit the criteria.
Posted: Wed Jul 15, 2009 8:50 pm
by plasticdaft
He may just be busy with DRO's. Keep pressing him.
Posted: Wed Jul 15, 2009 9:17 pm
by Adam Davies
Hi
Try a different provider,I think Baines an Ernst are authorised to arrange DROs
Regards
Posted: Wed Jul 15, 2009 9:21 pm
by MelanieGiles
Shame to see that sort of feedback about the CAB - but I can only assume that they are absolutely inundated with debt problems at the moment.
Bains and Ernst are a commercial organisation, and may be more motivated to process your application on a timely basis. You could also try CCCS or Payplan.
Posted: Wed Jul 15, 2009 9:30 pm
by plasticdaft
Who else does DRO's,and where can someone find out who does them,just for future reference?
Posted: Wed Jul 15, 2009 9:33 pm
by MelanieGiles
http://www.insolvency.gov.uk/insolvency ... %20CAs.doc
The above link details the Competant Authorities and their contact details.
Posted: Wed Jul 15, 2009 9:46 pm
by plasticdaft
Do we have such things as stickies for important posts like this or somewhere on the site that can have the link,or is it here somewhere already and I havent spotted it???
Posted: Wed Jul 15, 2009 9:50 pm
by Skippy
I've made the topic a sticky and changed the title slightly so we know why!
Posted: Wed Jul 15, 2009 11:25 pm
by plasticdaft
Well done Skippy!! I knew there must be stickies somewhere!!!
Posted: Thu Jul 16, 2009 9:45 am
by Nyu
Sorry to be a numpty, but what is a DRO?
Posted: Thu Jul 16, 2009 10:47 am
by johnnybriggs
DRO stands for Debt Relief Order, a new sort of mini bankruptcy for debts less than £15000 introduced in England and Wales in April of this year.