Debt Relief Order (DRO)

This legislation was introduced in April 2009 to give a 12 month breathing space for clients who meet certain strict criteria. After the 12 months if your circumstances haven’t improved you are freed from any debts listed in the order. The Debt Relief Order (DRO) is available without need for the courts and for non-homeowners. To qualify you must have assets of less than £300 and disposable income of less than £50 per month. Your Women in Debt adviser will tell you if this is the best option for you and if so point you in the direction of a Debt Relief Order (DRO) intermediary.

Advantages

• A legally binding agreement on creditors
• 12 months breathing space for you to improve your cisrcumstances

Disadvantages

• Very restrictive criteria

Depending on your individual cirucumstances - level of debt, number of creditors and household income there may be other options available to you; the debt solutions we can look at for you are:

• Debt Management Plan
• IVA
• Debt Settlement
• Secured Loans & Mortgages

So why not find out about what is the right debt soluton for you and call to talk to our friendly debt advisors, they're not here to judge or criticise, just to listen and help - call now on 08000 886 676, you can click to fire up our FREE online Just-A-Minute Debt Test and find out how we can help you solve your debt problems

If for whatever reason you feel you can't talk then click to download our FREE Debt Enquiry Form, complete it in the privacy of your own home and send back to us using the freepost address on the form