Last month, Debt Relief Orders were introduced in the United Kingdom. A debt relief order is a form of bankruptcy where the party filing does not have to go to.

Source: Debt Relief Orders introduced in the U.K. : Lucrative Investing

Debt Relief Orders were introduced in UK on April 2009 for people with low income and for people with little assets. It is quicker and cheaper.

Source: Debt Relief Order – WORLD Law Direct Forums

In March 2009 debt relief orders were introduced on the back of 2007 Parliament legislation as new form of bankruptcy to the UK. They were designed as simpler forms of insolvency for those with few assets, and relatively low debt levels …

Source: What Is A Debt Relief Order? | Debt Management