Debt Relief Order

If you owe less than £30,000, you don’t own your home nor do you have any assets of value, and you’re are struggling to pay your debts, a Debt Relief Order (DRO) allows you to deal with your debts and it is considered a cheaper alternative to bankruptcy. A DRO can be very positive for some but also have some obvious consequences so you should become familiar with everything surrounding the topic before entering into one. Have a look at these articles for more information.