Call Us Free: 0800 36 88 133
Follow Us:

Debt Relief Orders (DRO's)

Debt Helpline
0800 36 88 133

Debt Relief Order

This section tells you everything you need to know about debt relief orders (DROs).

It explains who can get a DRO, and if you qualify how to get a DRO.

It covers the debts that can be included in a DRO and those that can't

debt relief order

What is a debt relief order?

A debt relief order (DRO) is a way for you to have your debts written off if you owe less than £20,000 and have very few assets.

If you qualify for a debt relief order (DRO), you will not have to make payments towards your debt included in your DRO for 12 months, after that your debts will be written off.

Your creditors can not chase you for your debts during the 12 month period.

Can I get a DRO

To qualify for a DRO all of the following things must apply to you:

  • You are unable to pay your debts
  • Your debts are up to £20000 (England & Wales) or up to £15000 in Northern Ireland
  • You have less than £50 left over each month after covering your household expenses
  • You don't own your home
  • Your assets (savings and other things you own) are worth less than £1000
  • Your vehicle is not worth £1000 or more (disability exceptions apply)
  • You haven't had a DRO in the last 6 years, or are not currently bankrupt or in an Individual Voluntary Arrangement
  • You have lived or worked in England or Wales in the last 3 years

Can I Get A Debt Relief Order?

Our specialists can quickly check if you can get a debt relief order.
Simply call the team on 0800 36 88 133, or take the "Can I Get A DRO" test and and see if you qualify online.

How do I apply for a DRO

You get a DRO from the official receiver, an officer of the bankruptcy court.

You must apply through an authorised debt adviser.

They’ll will also be able to help you fill in the pllication for a debt relief order.

How much does a DRO cost?

To apply for a DRO there's a fee of £90.

If you can't afford to pay the fee you may be able to get help towards the cost from some charities.

Can I Get A Debt Relief Order?

Our specialists can quickly check if you can get a debt relief order.
Simply call the team on 0800 36 88 133, or take the "Can I Get A DRO" test and and see if you qualify online.

More about DRO's

What debts can be included in a DRO?

Debts that can go into a DRO are called qualifying debts. These qualifying debts must not be more than £20,000 in value if you live in England or Wales, or £15,000 if you live in Northern Ireland. They include:

  • Credit cards, overdrafts and loans
  • Rent arrears, phone and utility bills, council tax and income tax
  • Benefits overpayments (fraudulent claims can not be included)
  • Hire purchase or conditional sale agreements
  • Buy now pay later agreements

If you obtained any of these debts by fraud, you will still have to pay them when the DRO has ended.

What debts CAN NOT be included in a DRO?

  • Court fines
  • Child support and maintenance
  • Student loans
  • Social fund loans
  • Compensation for death or injury

Excluded debts do not count towards the total maximum debt allowed.

  • Last updated 22 March 2018

phillips cohen associates

How to deal with a Debt Collection Letter from Phillips & Cohen Associates

  • by Admin

Have you received a letter from Phillips & Cohen Associates. In this guide we'll show you a common letter they send, the tactics they use and how to deal with...

Read


attachment of earnings

A Guide To An Attachment of Earnings Order

  • by Admin

Have you received a letter threatening an attachment of earnings. In this guide we explore what an attachment of earning order is, how they work and how to defend...

Read

Contact the Money Advice Team:

moneyadviceonline.co.uk 0800 36 88 133

0800 36 88 133

(freephone, including all mobiles)
money advice online

Request A Callback

No time to talk, we'll call you back.
money advice

Have A Question?
Ask an expert now.

Need Need Help? Our team of experts will send you their answer by email within 1 working hour.
Connect With Us

Latest testimonial

Fantastic,they are life savers.

I Contacted them at 5 pm on a Thursday night,they arranged a meeting Friday morning with all the relevant bodies their because my case was the following Monday .I can't sing their praises high enough they contacted the courts same afternoon. Fantastic response, I avoided bankruptcy on the Monday and was given time to arrange an Iva. I risked losing my home,my mother and fathers home all hope seemed lost until I made that fateful phone call. I can now sleep at night.

Darren

Join 100,000s of Money Advice Onliners who read our WEEKLY email. Get our round up of ALL the best money saving tips, best buys, discount vouchers and competitions. Don't miss out!

* indicates required

We hereby promise to be responsible emailers.

Contact Us
  • Address: Digital World Centre, 1 Lowry Plaza, The Quays, Salford, Manchester, M50 3UB
  • Phone: 0800 36 88 133
  • Email: [email protected]
  • Mon - Fri: 8:00 am - 9:00 pm
    Sat - Sun: 10:00 am - 4:00 pm
Say Hello

Moneyadviceonline.co.uk is a trading style of Baker Adams Advisory Limited © 2018 All right reserved.
Registered office: 6 Abberley Hall, Chelford Road, Alderley Edge, SK9 7TJ. Registered in England and Wales. Co Reg No. 11246301

Moneyadviceonline.co.uk is a comparison service that acts as an introducer to companies who offer regulated financial advice (FCA approved). Our website is completely free for you to use but we may receive a commission from some of the companies we feature. Moneyadviceonline.co.uk does not provide any advice and we are not liable for any financial advice provided by, or obtained through a third party. As with any investment, the value of investments can fall as well as rise and maybe worth less than what was paid in. Past performance is not an indicator of future results. Moneyadviceonline.co.uk does not provide any regulated debt activates in relation to debt counselling or adjusting. You can also get free impartial debt advice by following this link to the Money Advice Service.

Bankruptcy Advice, IVA, Business Loan