The issue is that the debt profile of someone who qualifies for a debt relief order is so narrow that a limited range of people would qualify for it. A source within the industry said that ‘only a tramp would qualify for a Debt relief …

Source: Debt Relief Orders UK Parliament gets it wrong

People with debts of less than £15000 can now opt for a debt relief order (DRO), a form of insolvency that was introduced in April. It is only available to those with such a low income and so few assets that they would have little …

Source: How you can beat the bankruptcy blues | vote tags: Tracking the Vote

With a Debt Relief Order someone that is on a low income could get their debt written off without having to pay the fees that are normally associated with bankruptcy. However, eligible consumers will have to meet strict regulations with …

Source: Personal insolvencies expected to soar