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National Debtline

Advice you can trust

Debt relief orders

If you cannot afford the payments to your creditors or your assets are worth less than your total debts, you are likely to be insolvent. A debt relief order may be a suitable option for you. Get debt advice about the advantages and disadvantages of all your options before deciding which option to take.

debt relief orders - man and boy

Your budget

  • Don't forget that you need to work out a budget before you tackle your debt problems.
  • After you have worked out your income and outgoings you will be able to see how much you have left over.
  • If you do not have enough spare income to pay your creditors, a debt relief order could be suitable for you.

Debt relief orders

  • A debt relief order (DRO) may help you if you do not own your own home, have few assets and little available income to pay to your creditors.
  • It is a cheaper option than bankruptcy.
  • During a DRO, most creditors cannot take action to recover your debts for 12 months.
  • After the 12 months are up, debts included in a DRO are written off.