Debt relief orders (DROs) are a simplified, quicker and cheaper alternative to bankruptcy as an insolvency measure in the United Kingdom, which came into effect in England and Wales on 6 April 2009, and are also offered in Northern Ireland.[1]
Debt relief orders are suitable for debtors who have relatively low liabilities, little surplus income and few assets; can (depending on eligibility) be a viable alternative to other insolvency measures, such as Individual Voluntary Arrangements (IVAs), and when bankruptcy would be disproportionate; and allow vulnerable people trapped in debt to have a fresh start.[1]
It is possible to apply for a DRO without attending court. There is a fee of £90 to obtain a DRO in Northern Ireland, which may be paid by installments prior to applying for the order.[1] As part of the 2024 United Kingdom budget, the application fee was abolished in England and Wales effective 6 April 2024; DROs may now be obtained in that jurisdiction without charge.[2]
^ abcConway, Lorraine (11 November 2019). "Debt Relief Orders (Briefing Paper Number 4982)" (PDF). House of Commons Library – via UK Parliament.
^Smith, Colletta (29 March 2024). "Debt relief orders: Fee of £90 axed for poorest". BBC News. Retrieved 8 April 2024.
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