Tel: 0800 157 7330 / 01257 257030 Home About Personal Debt Solutions Case Studies Downloads Contact Debt Relief Order (DRO) The alternative to bankruptcy Home /Debt Relief Order (DRO) A Debt Relief Order (DRO) is an alternative to bankruptcy which was introduced in April 2009 to allow people with a low level of debt, with no assets and a low income to avoid going bankrupt. A very strict criteria has been laid down to qualify for a DRO and are as follows: You must have unsecured debt of £15,000 or less. You must not have assets, including savings, of more than £300 in total. You must not have a vehicle of more than £1,000 in value. You must not have more than £50 per month disposable income after you have paid your essential costs of living. You will remain in the DRO for a period of twelve months and once discharged all of your outstanding debt will be cleared. However, should your circumstances improve whilst in the DRO you would be expected to make payments towards your debts. Get in touch Call us direct on 01257 257030 and ask to speak to a specialist CONTACT US 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