How does it work?
If your debts have spiraled out of control and you think you’ll never be able to repay them, you can request a Debt Relief Order – which freezes your debts for a year, then writes them off completely if there’s no change to your financial situation.
A Debt Relief Order can be used to cover things like overdrafts, rent, council tax and credit card bills, but not for student loans, magistrates’ court fines or child support and maintenance arrears.
You can only apply for a DRO through an approved person known as an intermediary. If you’re eligible, it’s granted by an Official Receiver. And from then on, you make no further payments to the people you owe money to.
DROs can be one way to deal with your debts if you don’t own your own home or have much spare income available. You must also have less than £20,000 of total debt.
So before applying for a DRO, it’s a good idea to get advice from a free, independent and expert service like ours.
Get in touch with our team today by calling 0800 138 3422 or filling in our short assessment form.
What to expect
- We’ll use the information you’ve given us to establish the nature and urgency of your debt.
We’ll continue to advise you and give you a detailed analysis of the help available to you. We can do this by booking you in for a face-to-face appointment at your nearest centre, or a telephone or video call advice session or continue to advise you by message.
You choose how we can help you
We’ll explore your situation and get all of the information to be able to provide you with advice. We will then discuss your options and talk you through the pros and cons of each.
- We’ll establish the best possible solution and help you to resolve your debt – whether that’s by means of advocacy, representation or negotiation on your behalf, or by helping you write letters and supporting you throughout the process. If you need advice from outside of our services then we can refer you for further support too!