Citizens Advice estimates that nearly a third of its debt clients could be eligible for a debt relief order – a new low-cost alternative to bankruptcy for people who owe less than £15000 and have assets worth less than £300 – when it …

Source: Citizens Advice sounds warning over spiralling household debt …

In 2007 Debt Relief Orders were introduced by parliament as new form of bankruptcy to the UK. They were designed as simpler forms of bankruptcy for those with little or no assets. However some would question whether the qualifications …

Source: Defining a Debt Relief Order. | Your Daily Politics Central

It will also include people who opt for a Debt Relief Order, a new alternative to bankruptcy for people with debts of less than £15000, which was introduced this month and will be included in statistics from the second quarter. …

Source: Record numbers going bankrupt