The receiver will contact your creditors and organise your debt with a creditor to be included in a DRO arrangement. Creditors can object to this, but any objections must take place within thirty days. They may take the time to question the validity of your claim and question whether their debt should be included in the arrangement. Creditors may also have a bankruptcy petition awaiting a formal hearing date.
They can cite four reasons for objection:-
♦ Incorrect information on the DRO
♦ That you have a current bankruptcy order which is pending discharge
♦ That you have an existing IVA (or have applied for one)
♦ Or that you do not meet the legal conditions for making a debt relief order under the Insolvency Act 1986
You can find more information and guidance on the governmental Debt Relief site.
1.66