Do you have unsecured debts of less than £20,000?

A Debt Relief Order could help…

Unaffordable debts written off after a year

For people with assets less than £1,000

Protection against action from lenders

An alternative to bankruptcy for low-earners

We can help you set one up for free

Get debt help

To qualify for a Debt Relief Order you must have a minimum of £20,000 of qualifying unsecured debt and less then £1,000 worth of personal assets. You must have lived in England or Wales in the last three years. In order to process A Debt Relief Order a one-off, non-refundable application fee of £90 is payable. This fee can be paid in instalments if necessary.

Unsecured Debts Under £20,000?
A Debt Relief Order could help…

Unaffordable debts written off after a year

For people with assets less than £1,000

Protection against action from lenders

An alternative to bankruptcy for low-earners

We can help with the setup for free

Get debt help

To qualify for a debt relief order, you must have a minimum of £20,000 of qualifying unsecured debt & less than £1,000 personal belongings (Assets). You must have lived in England or Wales in the last three years. A Debt Relief Order costs one-off non-refundable £90 application fee. This fee can be paid in instalments if necessary.

Let us help you take control of your money worries…

Chat to us

Get started by calling us on the number above or by clicking on the get debt help now button and filling out the form and one of our advisors will contact you.

Help & Support

Your Money Worries advisor will listen to your needs and take you through all available solutions enabling you to make an informed decision on the path you wish to take.

Your Solution

Together with our trusted & regulated partners we will proceed in putting your solution in place, giving help & support every step of the way.

Let us help you take control of your money worries…

Chat to us

Get started by calling us on the number above or by clicking on the get debt help now button and filling out the form and one of our advisors will contact you.

Help & Support

Your Money Worries advisor will listen to your needs and take you through all available solutions enabling you to make an informed decision on the path you wish to take.

Your Solution

Together with our trusted & regulated partners we will proceed in putting your solution in place, giving help & support every step of the way.

What is a Debt Relief Order?

A DRO provides a solution for those who cannot afford to repay the full amount they owe. It works a bit like bankruptcy however a DRO is only available to those on a low income with assets of less than £1,000.

This option was created for people in difficult financial circumstances and cost much less than bankruptcy however please note that a DRO is a form of insolvency hence the same restrictions would apply as bankruptcy.

Once your DRO has been agreed, all payments on your unsecured debts will be suspended for a period of 12 months during which time you will be protected from any further action by your lenders. If your circumstances have not improved by the end of the 12 month period your unsecured, unaffordable debts will be written off.

A DRO is a form of insolvency therefore does come with strict criteria:

The DRO is a great solution for those that meet the criteria and are unable to pay the fees of £680.00 for bankruptcy.

If your situation is not set to improve over the next 12 months, you meet the criteria and are unable to pay the fees of bankruptcy then the DRO maybe the best option for you.

Meeting the criteria is essential. For example:

  • You must owe less than £20,000 in total (unsecured debts)
  • Your monthly disposable income must come to less than £50
  • Your personal belongings (assets) must come to less than £1000 in total – not including a car, which can be worth up to £1,000
  • You must have lived in England or Wales in the last three years

If you’re not sure whether you qualify, call us on 01772 831 890 and we’ll talk you through your options.

What is a Debt Relief Order

A Debt Relief Order is a solution for people who can’t afford to repay everything they owe. It works a bit like bankruptcy, but it’s only available to people on a low income and have little or no assets; assets of less than £1,000.00.

The Debt Relief Order is aimed at people in difficult financial circumstances, it costs much less than bankruptcy however it does come with the same restrictions as bankruptcy.

Once your Debt Relief Order has been agreed, all payments on your unsecured debts will be suspended for a year. You will be protected against any further action from your lenders during this time. If your circumstances haven’t improved by the end of the 12 months, your unaffordable unsecured debts will be written off.

As the DRO is a form of insolvency it does come with strict criteria’s:

The DRO is a great solution for those that meet the criteria and are unable to pay the fees of £680.00 for bankruptcy.

If your situation is not set to improve over the next 12 months, you meet the criteria and are unable to pay the fees of bankruptcy then the DRO maybe the best option for you.

Meeting the criteria is essential. For example:

  • You must owe less than £20,000 in total (unsecured debts)
  • Your monthly disposable income must come to less than £50
  • Your personal belongings (assets) must come to less than £1000 in total – not including a car, which can be worth up to £1,000
  • You must have lived in England or Wales in the last three years

If you’re not sure whether you qualify, call us on 01772 831 890 and we’ll talk you through your options.

What people are saying…

Amazing, helpful and friendly. I have already recommended you to a colleague and he’s been in touch with yourselves. I definitely made the right choice. Wonderful service.

Lisa M

As well as our great service...

If you’d like more information on other sources of free debt help and advice you can visit the Money Advice Service. It's an independent service, set up by the government to help people make the most of their money.

As well as our great service...

If you’d like more information on other sources of free debt help and advice you can visit the Money Advice Service. It's an independent service, set up by the government to help people make the most of their money.