Debt Relief Order (DRO)

Struggling With Debt? A DRO Could Help You Get a Fresh Start

A Debt Relief Order (DRO) could help you write off qualifying debts if you have a low income, few assets and cannot afford to repay what you owe.

6

years on credit file

1

year term

£0

fees for a DRO

What is a DRO?

A Debt Relief Order (DRO) is a UK debt relief solution available to individuals overwhelmed by unmanageable debts. DROs are designed to help people regain control of their finances.


DROs help those with overwhelming debt but limited income and assets.


Summary

  • There are strict eligibility criteria, including on debt levels, assets, and disposable income
  • Once qualifying debts are included, creditors can't pursue you for them
  • The application process involves working with an approved DRO advisor
  • If you use a DRO, it will be listed on your credit report for a period of six years



Advantages of a DRO

✅ Qualifying debts may be written off

✅ Creditors must stop collection activity

✅ No monthly payments in many cases

✅ Low-cost insolvency solution

✅ Legal protection from included creditors

✅ Usually completed after 12 months

Disdvantages of a DRO

❌ A DRO will affect your credit file for 6 years

❌ Your details will appear on the Individual Insolvency Register

❌ There are strict eligibility criteria

❌ Your circumstances must not significantly improve during the DRO

❌ Some professions may be affected by insolvency solutions

❌ You may not be able to obtain credit over £500 without disclosure

Not sure if a DRO is right for you?

We'll explain all available debt solutions and help you understand which options may be suitable for your circumstances

Speak to an advisor today

Get free confidential advice with no obligation and take the first step towards financial freedom

What People Usually Want To Know

  • Will a DRO stop creditor contact?

    Yes. Once approved, creditors included in the DRO must stop chasing you for payment.

  • Will I lose my belongings?

    Most everyday household items are not affected. There are limits on valuable assets.

  • Will a DRO affect my credit file?

    Yes. A DRO will appear on your credit file for 6 years.

  • Can I get a DRO if I own a home?

    Usually no. DROs are generally for people without property ownership.

  • How long does a DRO last?

    A DRO normally lasts 12 months.

Alternatives to a DRO

IVA

Combine your debts into one affordable monthly payment with legal protection from creditors.

Debt Management Plan

Make one manageable monthly payment while reducing pressure from creditors and regaining

Bankruptcy

A formal debt solution that can help clear unaffordable debts and give you a fresh financial start.

Breathing Space

Receive temporary protection from interest, fees, and creditor action while you explore your debt options.