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Debt Relief Orders – Frequently Asked Questions
Sep 15th, 2011 by Debt Relief Order UK

What are the requirements of applying for a debt relief order? The requirements will be detailed in the secondary legislation, which is not finalised, but the following are anticipated to be the criteria. An applicant must:

Source: Debt Relief Orders – Frequently Asked Questions

DROs open to more people in debt
Mar 30th, 2011 by Debt Relief Order UK

The DRO (Debt Relief Order) was introduced in 2009 to help people who need to be declared insolvent – but for whom neither an IVA nor bankruptcy would be appropriate. It’s only available to people who fit very strict criteria: …

Source: DROs open to more people in debt

Available Options For Those In Situations Of Personal Debt
Mar 27th, 2011 by Debt Relief Order UK

Introduced in April 2009, a debt relief order is suitable for people whose level of debt is below £1500 and who are on low levels of income. There are strict criteria that must be met in order to successfully apply for the debt relief

Source: Available Options For Those In Situations Of Personal Debt

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