The Debt Resolution Forum confirms that following receipt of a letter on Friday 14th December 2012 from solicitors retained by First Step Finance Limited (FSF) informing the DRF that FSF were resigning as a member forthwith, such resignation has been accepted.

This resignation followed a request by the DRF following the publication by the Office of Fair Trading (OFT) of a “determination to revoke notice” issued against FSF on the 15 November 2012 to supply copies of all exchanges with the OFT. FSF were only willing to supply “extracts” which were considered inappropriate. The DRF again requested full disclosure, with the response being a letter from their solicitors resigning their membership.