A debt relief order is a form of insolvency for people who meet strict criteria. This is a fairly simple type of debt relief procedure, suitable for certain types of debts.
Source: Debt Relief Order | Cut Bad Debts
There are a number of strict criteria that you have to meet before you are eligible to carry out a debt relief order. This is because the orders are aimed at helping people who are surviving on very little money each month and therefore …
Source: Can I Use A Debt Relief Order? | Relief Your All Debt
These legal alternatives to bankruptcy are Individual Voluntary Arrangements (IVA) and the Debt Relief Order. There are strict qualification criteria for these schemes and not everyone will qualify, and these people will still be left …
Source: Bankruptcy And Social Stigma | How to Invest Today