5 days ago

What is a Debt Relief Order

In this episode we explain Debt Relief Orders (DROs), a debt management plan for individuals in England, Wales, and Northern Ireland with low income and assets under £1000. A DRO allows for debt write-off after 12 months, offering protection from creditors and affordable repayments. Eligibility criteria include total debt under £20,000 and disposable income below £50 per month. The article details the application process and benefits, ultimately advising readers to seek professional advice before applying.

Comments (0)

To leave or reply to comments, please download free Podbean or

No Comments

Todd Davis and Kia Thompson

Podcast Powered By Podbean

Version: 20241125