Consumers struggling with financial difficulties regularly turn to debt solutions, such as a debt management plan or Debt Relief Order, to prevent creditor harassment. All personal debts must be unsecured. Examples of unsecured debts …

Source: Stop Paying 15% Charges on Debt Management Plans: A Debt Solution …

This means that individuals borrowing money can opt for a debt solution, such as a debt management plan, Debt Relief Order (DRO) or Individual Voluntary Arrangement (IVA), in the event of financial difficulty. …

Source: An Introduction to Personal Loans: Do Unsecured Loans and Secured …

These are (1) debt consolidation, (2) debt management, (3) Individual Voluntary Arrangement (IVA), (4) bankruptcy and (5) Debt Relief Order (DRO) which is a.

Source: Debt Management: The Objectives | UK IVA Information Centre