Tel: 0800 157 7330 / 01257 257030 Home About Personal Debt Solutions Case Studies Downloads Contact Debt Relief Order FAQ Home /Debt Relief Order FAQ The Debt Relief Order was established in April 2009 in order to help people who cannot obtain debt relief from any other source, be it Bankruptcy, IVA or a Debt Management Plan A debt relief order is an order you can apply for if you can’t afford to pay off your debts. It’s granted by the Insolvency Service and is a cheaper option than going bankrupt. How do I know if a Debt Relief Order is right for me? You can apply for a debt relief order if you meet these certain conditions:You have qualifying debts of £15,000 or less. These debts must be of a certain type (see below) You have spare available income of £50 or less a month after paying your normal household expenses Your assets and any savings are worth £300 or less. However, if you have a motor vehicle, this must be worth £1,000 or less unless it has been specially adapted because you have a physical disability In the last 3 years you must have lived, had a property or carried on a business in England or Wales. How much does it cost? A Debt Relief Order will cost less than £100. What type of debts can be included in a debt relief order? What type of debts cannot be included in a debt relief order? How long will a DRC last? Who can’t get a debt relief order? What restrictions will be placed upon a person who has a DRO? Anthony Fisher MIPA, FABRP, Gary Birchall MIPA, MABRP, Jane Hardy MIPA and Dean Smith MIPA are licensed to act as Insolvency Practitioners in the UK by the Insolvency Practitioners Association. Debtfocus Business Recovery & Insolvency Limited is registered in England & Wales Company Number 6831646. VAT Number: 905 2306 58. Privacy Policy | Complaints Policy Contact Us Address : Skull House Lane, Appley Bridge, Wigan , Lancashire, WN6 9DW Phone : 0800 157 7330 Fax : 01257 253145 enquiries@debtfocus1.co.uk Partners Copyright © 2018 Debt Focus | Powered by: Radical Web Design Cookies policy Our website uses cookies to analyse how the site is used and to ensure your experience is consistent between visits. Learn more » Accept