Debt Relief Order (DRO)

A Debt Relief Order (DRO) is a legal solution in the UK for individuals struggling with unmanageable debts. It allows eligible people to write off debts they cannot pay and provides protection from creditors. To qualify, you must have debts below £30,000, limited assets, and a low income. A DRO lasts for 12 months, during which creditors cannot pursue you for payment. If your financial situation hasn't improved by the end of this period, the debts covered by the DRO are discharged, meaning you won't owe them anymore. It’s a way to regain control of your finances.