HOW IT WORKS
Complete our quick and simple form
Speak with our expert debt team
We will then find out what % of your debts we can write off
We do all the work, and deal with your creditors for you!
WE DEAL WITH YOUR CREDITORS FOR YOU
Debt-Relief-Order.net are very
helpful and sympathetic
and sorted everything quickly
with no fuss. I thoroughly
My debts were spiralling out of control
and I was worrying about my future.
Debt-Relief-Order.net were friendly, helpful
and professional. I would recommend
them to anyone in my position. Thank you
How WE CAN HELP you
What is a Debt Relief Order?
A Debt Relief Order is one way of dealing with debts you are struggling to pay back. It allows you to take a break from paying back some kinds of debt for a specific amount of time (usually a year). Once the Debt Relief Order ends, many of the debts included in it will be written off. You can only apply for a Debt Relief Order through an authorised debt advisor who is usually referred to as an ‘approved intermediary’.
What debts can be included in a DRO?
Many types of debt can be included in an Debt Relief Order. Common types of debt included are: Payday loans, Credit cards, Personal loans, Car finance, Bank overdraft, Store cards, Rent arrears, Phone bills, Tax debt, Catalogue accounts, HMRC debt, Mortgage shortfall and Utility debt. Speak with our expert debt team for advice with your debts.
How do I get a DRO?
You can’t apply for your own Debt Relief Order. Applications can only be made by an authorised debt advisor. You will have to pay the Official Receiver’s fee of £90 in cash when you apply. This fee will not be refunded, even if your application is refused. Some charities will pay the fee on your behalf – your debt advisor here at DRO.net will be able to tell you more about this.
What happens if my DRO is approved?
Your Debt Relief Order is recorded in the Individual Insolvency Register until 3 months after it is completed. The Official Receiver will contact all the creditors who have been listed in the Debt Relief Order and tell them that you cannot pay your debts, and that the creditors may not take further action against you to recover the money.
Who can get a DRO?
If you owe less than £20,000, have lived or worked in England or Wales in the last 3 years, have less than £1000 in assets (including any property or vehicles), and have less than £50 left each month after you’ve paid your normal household bills, you may be able to get a Debt Relief Order. You can’t get a Debt Relief Order if you’ve already had a Debt Relief Order in the past 6 years.
What happens when the DRO is finished?
Once your Debt Relief Order has finished, many of the debts listed in it will be written off. Your Debt Relief Order will be listed on your credit report for 6 years, counted from when the Debt Relief Order began. You can volunteer to keep going with your Debt Relief Order longer than the standard 12 months. This is referred to as a Debt Relief Restrictions Undertaking.
DON’T FEEL ALONE IN DEBT
People a day are declared Bankrupt or Insolvent
Average debt of each adult in the UK
People we’ve helped in 2016
9.4 / 10
How our customers rated us on TrustPilot
© 2018 debt-relief-order.net. All Rights Reserved | Disclaimer: debt-relief-order.net is an independent lead generation website created to help users find the best possible financial help for their circumstances. Our service is 100% free to use. Following completion and submission of our form, we will introduce you to one of our select debt partners who will contact you via telephone using the information you have provided here on the website.