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Debt Relief Order
No obligation advice
No upfront fees 
Immediate help, no appointment necessary
Similar to bankruptcy but designed for those with minimal assets and surplus income.
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Debt Relief Order
The Debt Relief Order, or DRO is a debt solution introduced by the government on 6 April 2009. Debt Relief Orders are similar to bankruptcy but are designed for those with minimal assets and surplus income.
ClearStart can help you to decide whether or not a Debt Relief Order would be suitable, and if you would be considered for one. You have to meet a number of criteria before you are eligible for a Debt Relief Order. You will need to have total unsecured debts below £15,000, which you are currently unable to pay off, and all of the following conditions also have to be met:
- you must not have disposable income greater than £50 per month
- your assets should not be worth more than £300 (although you are allowed a car worth up to £1,000)
- you must live in England or Wales (or show that you have lived or worked in England or Wales in the last three years).
A Debt Relief Order (DRO) is not available if you are involved in another formal insolvency solution such as an IVA or bankruptcy proceedings. If you enter into a Debt Relief Order, you will need to wait six years after it ends before you would be eligible for another one. You will normally apply for Debt Relief Orders online, via an authorised intermediary, and orders are granted via the Official Receiver, not by the court system.
If your Debt Relief Order is granted, your creditors are not allowed to take any actio n to recover their money from you. Your debts will be written off at the end of a year.
- CALL US ON 0800 988 9345 TO DISCOVER YOUR DEBT SOLUTION
