To qualify for a debt relief order you must have debts of less than £15,000 in total and no more than £50 left over each month after paying essential living costs.
A debt relief order is not suitable for anyone who owns a home or has assets of more than £300. This limit excludes one car up to the value of £1,000.
How does it work?
A debt relief order, or DRO, is a legal procedure. An intermediary must submit your DRO application to the official receiver. You will have to pay a fee of £90, which you will not get back if your application is unsuccessful.
If your DRO application is successful, your debts will be written off after a year, providing you keep to the terms and conditions of the order. During this 12-month period, your creditors cannot chase you for payments or add interest and charges to the debt.
How can we help?
We are one of the few approved organisations able to submit debt relief order applications. We have a team of intermediaries who can help you with your DRO application.
For debt advice tailored to your circumstances and a recommendation of the right debt solution to meet your needs, try CCCS Debt Remedy, our online debt counselling service.