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Debt Relief Order

Debt relief orders are a legal process that can help people in England and Wales who have debt problems but cannot pay what they owe.

This guide will explain what a debt relief order is, how to get one, and what happens after you get one.

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FCA Regulated

National Debt Advice is regulated by the Financial Conduct Authority to give Debt Counselling Advice to people who are struggling with debt.

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To find out more about managing your money and getting free debt advice, visit Money Helper, an independent service set up to help people manage their money. National Debt Advice is not associated with Money Helper.

What is a DRO?

A debt relief order (DRO) is a way to have your debts written off if you have a relatively low level of debt and have few assets. If you qualify, we can help you apply to the Insolvency Service.

 

Debt relief orders are not available if you live in Scotland.

 

A DRO freezes your debt repayments and interest for 12 months. If your financial situation hasn’t changed at the end of this period then all of the debts included will be written off. As we're an FCA approved organisation, we can help you apply for a DRO if you're eligible.

Benefits and Risks

Benefits of a DRO:

A debt relief order can be a low-cost alternative to bankruptcy

You don’t pay anything towards your debts for 12 months. After that they'll be written off

Your creditors can't pursue you for your debts during the 12month period

Although a DRO is a formal debt solution, you don't need to appear in court

Risks of a DRO:

A DRO is only available if you owe less than £30,000 (£20,000 in Northern Ireland) and live in England, Wales or Northern Ireland

You'll need to pay the Insolvency Service a one-off, non-refundable fee of £90. If you qualify, our specialist team can help you apply

You can't apply if you're a homeowner

A DRO will appear on a public register and will affect your credit report negatively

How do I apply for a DRO?

01

The first step is to see if you qualify for a DRO, and if it’s your best option. Use our free online Calculator or call us and speak to one of our expert advisors.

02

If a DRO is the best solution to your debt problem, we'll send you the necessary forms and help you apply. You'll need to complete these forms and return them to our team.

03

Our Advisors will help you prepare your application. Before they submit this there's a £90 fee that must be paid to the Insolvency Service in full or, if you live in England or Wales you can pay in instalments.

Other debt solutions you could qualify for:

A legal process that can provide relief for those struggling with debt.

A legally binding arrangement in Scotland. Read more...

Debt Management Plans can be the ideal solution. Read more...

Government Debt Respite Scheme.

Provide some relief from debt repayments.

A legal process that can help people in England and Wales.

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Why choose National Debt Advice?

We can reduce your monthly payments!* Not only that but we're:

An FCA Regulated Debt Counselling Service

Have a 24/7 Live Chat Support

Have excellent reviews on Trustpilot

We give impartial and confidential advice

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Regulated
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*Monthly payments are based on individual financial circumstances.

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Here’s an idea of what the process looks like:

1
Get Started

Complete the Debt Calculator 

2
Talk to Us

Speak to an FCA

Regulated advisor

3
You Choose

Choose a debt solution that best suits you and relax

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