Debt relief orders are one way to deal with your debts. It is available for debts under £20,000, and when you do not have much spare income not your own home. If you get one: your creditors cannot recover their money without the court's permission.
Nucleus advisors are accredited to help you get a DRO. It is a great way finally being able to get to grips with your debts and starting afresh. There are consequences so do get advice.
And they just got better! As of the end of June to DRO eligibility criteria will see the level of debt increasing from £20,000 to £30,000. People experiencing problem debt to get a fresh start.
Keep hold of your cash !
The changes are due to come into effect on 29 June to coincide with the end of the first 60 days of the Government’s Breathing Space scheme, which began on 4 May 2021.