A DRO usually lasts for 12 months. During this time, you will be under certain restrictions. You will also be protected against any action by the creditors that have been included in your application.
The Official receiver in charge will send a notice of the DRO to you and outline all duties and restrictions applicable to you.
The Official receiver will send a notice of the DRO to the creditors involved.
The details of your DRO will be placed on the Insolvency Register.
You will be required to continue with your normal household bills such as rent, council tax, utilities etc...
If your circumstances change you will have to let this information be known to your Official Receiver. If you come into a financial windfall, for example, you will be required to pay back your creditors.
There are a number of restrictions when you enter a Debt Relief Order:
These restrictions may be extended if the Official Receiver determines that you have acted dishonestly or improperly.