The new Debt Relief Order should offer a much needed reprieve for many who would not qualify for an Individual Voluntary Arrangement. Although there are several other options that may meet there needs sufficiently. …

Source: Debt Advice in a Recession

150000 people expected to go bust this year The Press, York, UK – 2 hours ago … into an Individual Voluntary Arrangement (IVA), declare themselves bankrupt or enter into a new Debt Relief Order which will be introduced in April. …

Source: 150000 people expected to go bust this year – The Press, York | UK …

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 …