Debt Relief Order

To qualify a for a Debt Relief Order a debtor must:

• Be unable to pay creditors 
• Have total unsecured debts of no more than £15,000
• Have total assets of less than £300
• Have a disposable income of less than £50 per month
• Not be subject to an IVA at the time of application
• Be domiciled in England or Wales

DRO’s or Debt Relief Orders are to be applied for online and an approved intermediary would be able to help an individual complete the application, it will cost approximately £90. The £90 fee for a Debt Relief Order may be paid by installment before actually applying for the order.