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Debt Relief Orders

Debt Relief Orders are designed for people with a relatively low level of debt and limited assets. They are processed by the Insolvency Service for a fee of £90. If you qualify for a DRO, interest on your debt will be frozen for 12 months and then written off if there has been no change in your circumstances. The order will be recorded on your credit history for 6 years. In order to be eligible you must meet the following criteria:

  • You must have total debt of less than £15,000 in Northern Ireland (£20,000 in England & Wales).
  • You own less than £300 worth of assets (and a car valued no more than £1,000).
  • You have less than £50 of disposable income each month.
  • You cannot be a homeowner, even if your property is in negative equity.


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