Debt Relief Order

A Debt Relief Order (DRO) is a legal solution for individuals in England, Wales, and Northern Ireland facing unmanageable debt. It allows them to freeze their debts for 12 months, during which creditors cannot take action. If their financial situation hasn't improved by the end of this period, the debts are typically discharged, meaning they no longer have to pay them. To qualify, individuals must meet specific criteria regarding their income, assets, and debts, ensuring DROs are designed for those with limited resources seeking a fresh financial start.