How it works
You can apply to the official receiver for a debt relief order (DRO) on a special on-line application form with the help of a money adviser who has been appointed as an approved intermediary.
You will be eligible if: you are unable to pay your debts; you have £50 a month or less spare income after you have paid your normal household bills; your debts are £20,000 or less; your assets are worth £1,000 or less in total; and, if you own a car, this is worth below £1,000.
If your application is successful, most of your debts will be written off after 12 months. A DRO could be a good option if you rent your home, have few assets and little spare income.