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A Debt Relief Order (DRO) is an insolvency procedure you can apply for if you cannot afford to pay off your debts. It is a far better option than going bankrupt, costing about £90.


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    Here are just a few benefits of a debt relief order

    Freeze Bailiffs TODAY

    An DRO will stop all bailiffs instantly, with the exception of unpaid court fines, student loans and child support. All court action and contact from creditors will cease immediately

    Write Off All DebtS

    At the end of the DRO period, the debts listed in it are 'discharged'. This means that the debts are written off, and the individual will not pay the debt back to you. This includes any interest and penalties they incurred since the DRO approval date. Rent arrears are a debt an individual can include in a DRO

    Protect Your Assets

    Your assets are protected in an DRO. You should make your IP aware of any assets that you have such as property, vehicles or other items of significant value. If you own a car you are usually able to keep it, depending on it’s value.

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