DROs

How Long Does A Debt Relief Order Affect Credit?

 A Debt Relief Order (DRO) is a common financial management tool in the UK. It is designed for residents with less than £15,000 worth of debt who do not own a home and have a limited amount of spare income. When a DRO is put into place, creditors must receive court permission to recover money [...]

A Guide To Debt Relief Orders In The UK

A Debt Relief Order (DRO) is a debt management solution for residents of England or Wales with limited assets and low disposable income who are unable to repay their debts. Consumers apply for a DRO when they want to become debt-free without going to court and paying the expensive fees associated with bankruptcy. This is [...]