A Debt Relief Order places a ‘moratorium period’ on the debts included in it. It usually lasts for one year, and during that time, creditors involved in the Order can’t take legal action to recover their money without receiving …

Source: Insolvencies in the UK: bankruptcies, IVAs & DROs | Stock Market …

It’s called a Debt Relief Order, or DRO for short. You can’t apply for a DRO if you own things of value of over £300 – so if you’re a homeowner, it’s very unlikely you’ll be able to apply. A DRO usually lasts for one year and during …

Source: Debt FC – Debt Advice » Debt Relief Order (DRO) – England