Debt Relief Order (DRO)

No repayments for 12 months and 100% of qualifying debts written off.

  • Debt freedom after only 12 months.
  • Relax knowing your debts are under control.

May not be suitable in all circumstances. Fees and disadvantages may apply, read here. 


Money Helper (formerly The Money Advice Service) is a free service set up by the Government to help people make the most of their money. If you would like to learn more click here. Please note that we have no affiliation with Money Helper.

Start your journey to financial freedom.

1. Speak to our team.

Our experienced advisors are waiting to help you start dealing with your debts.

2. We guide you.

Find out more about the debt repayment plans available to you.

3. Ongoing support.

Our advisors will support and guide you throughout your journey.

Is a Debt Relief Order right for you?

As with any debt agreement, it’s important that you seek professional advice before committing.

A DRO is a formal debt solution whereby you cease to make payments towards your included debts for a period of 12 months.

If after this time your financial position has not changed and you still can’t make any contributions towards your debts, all of your debts are written off in full.

So a Debt Relief Order could be ideal if you cannot afford to make any repayments towards debts that are eligible to be covered by a DRO.

To be eligible for a DRO you must meet the following criteria:

  • Owe less than £50,000, and
  • Have less than £2,000 worth of valuables or/and assets combined,
  • Must own a vehicle worth less than £4,000, and
  • You do not own your home, and
  • Are not currently bankrupt, or in an IVA and have not had a DRO in the past 6 years, and
  • You do not have enough money left over each month to repay your debt commitments.

Below are the main advantages of entering into a DRO. To learn more, please get in touch.

  • Make no repayments – make no repayments towards the debts included in your DRO.
  • Lasts for 12 months – debts covered by your DRO are written off after only 12 months.
  • No more charges or interest – charges and interest are frozen.
  • Stop creditor contact – legal protection stopping your creditors taking any further action against you.

Below are the main disadvantages of entering into a DRO. To learn more and see how a DRO could impact you, please get in touch.

  • Credit rating affected – as with any formal debt solution, your credit rating will be affected for 6 years.
  • Public register -details of your DRO will be entered onto a public register.
  • Can’t include all debts – not all debts can be included in a DRO – any debts not covered will need to be dealt with separately.
  • Not available to homeowners – if you own your own home you will not be eligible for a DRO.

Debts we can help with

This is not a full list of the debts that can be included in a Debt Relief Order, please get in touch to see what other debts can be included.

Credit Cards

Unsecured Loans

Payday Loans

CCJ’s/HMRC

Overdrafts

Council Tax

Utilities

Catalogues

Get Started

A DRO may not be suitable in all circumstances. Fees and disadvantages may apply, learn more here. Your credit rating may be affected.

Click here to get started

Debt Relief Order Frequently asked Questions

A Debt Relief Order creates a legally binding agreement between you (the debtor) and the people/companies you owe money to (your creditors).

If you do not have enough money left over at the end of each month to repay your debts once all of your living expenses have been paid, a DRO could be suitable for you.

In general, a Debt Relief Order will not have any impact on your job. However, in some professions, such as accountancy and solicitors, entering into a debt management solution could mean that you are unable to practice or will be able to only under certain conditions.

All debt solutions will have an impact on your credit score.

Details of your debt solution will be entered onto your credit record and will remain there for a period of usually 6 years.

As of June 28, 2024, there is no fee for applying for a Debt Relief Order.