Main Points of DRO

• Your total debts are less than £15,000. And you are on low income.
• You can't have savings of more then £300, own things of value, own a vehicle worth more than £1000 and/or have private pension fund worth over £300.
• After you have paid your monthly expenses, you must not have more than £50 spare income.
• During the last 3 years, you must have lived, worked or had a business in the UK.
• Only qualifying debts will be allowed to be written off as part of the DRO arrangement.
• Contact us for more info.

Debt Relief Order (DRO)

What is a DRO?

DRO also known as a debt relief order is a legislation recently introduced by the government and can be issued by a licensed insolvency company or a intermediary DRO service. The DRO once issued usually lasts one year. during that time none of your creditors (the people that you owe money to) will be able to take any legal action against you.

Is DRO the debt solution for me ?

It's difficult to say without knowing your financial circumstances. If you want to find out if it is for you, fill in our quick application form and one of our advisers will contact you for a no obligation chat.