What happens if my circumstances change during a DRO?
If your circumstances improve you must notify the official receiver who will decide whether your DRO can continue, for example;
- if your income improves or,
- if you receive a lump sum of money or any assets.
Where will my DRO be listed?
If you live in England and Wales, your DRO and details such as your name and address will be listed in the Individual Insolvency Register (IIR). Your details will be listed for the duration of the DRO (12 months) and removed three months after your DRO ends.
If you live in Northern Ireland, your details will be registered on the public DRO Register. The information will be removed from the register three months after the DRO has ended, whether it's been successful or revoked.
An application can be made to keep your address details off the Individual Insolvency Register or the DRO Register in exceptional circumstances, for example where there’s a risk of domestic violence or other personal harm.