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How Many Debt Relief Orders Can I Have? Quick Answer & FAQs

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Scott
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Scott Nelson

Managing Director

MoneyNerd’s founder, Scott Nelson, has a decade of financial industry experience, including 6 years in FCA regulated loan and credit card companies. Troubled by a lack of conscience in the industry, he founded MoneyNerd to give genuine advice to those in debt and struggling financially.

Learn more about Scott
&
Janine
Janine Marsh Profile Picture

Janine Marsh

Financial Expert

Janine Marsh is an award-winning presenter and a valuable member of the MoneyNerd team. With a wealth of experience as a financial expert, she's been featured on BBC Radio 4, BBC Local Radio, and BBC Five Live, and is a regular on Co-op Radio.

Learn more about Janine
· Jan 17th, 2024
Could you legally write off some debt? Answer below to get started.

Total amount of debt?

For free & impartial money advice you can visit MoneyHelper. We work with The Debt Advice Service who provide information about your options. This isn’t a full fact-find, some debt solutions may not be suitable in all circumstances, ongoing fees might apply & your credit rating may be affected.

For free & impartial money advice you can visit MoneyHelper. We work with The Debt Advice Service who provide information about your options. This isn’t a full fact-find, some debt solutions may not be suitable in all circumstances, ongoing fees might apply & your credit rating may be affected.

Featured in...
Debt Relief Orders

For free & impartial money advice you can visit MoneyHelper. We work with The Debt Advice Service who provide information about your options. This isn’t a full fact-find, some debt solutions may not be suitable in all circumstances, ongoing fees might apply & your credit rating may be affected.

Are you asking, ‘how many debt relief orders can I have?’ You’ve come to the right place. This article will help you understand your options if you’re dealing with debts and already have a Debt Relief Order (DRO). 

Each month, over 170,000 people visit our website looking for guidance on debt solutions. You’re not alone.

In this article, we’ll explain:

  •  What a Debt Relief Order is and how it works
  •  The rules about how many DROs you can have
  •  What to do if your DRO was cancelled
  •  Other options for managing your debts
  •  How to deal with unaffordable debt

We know the worry that comes with dealing with debts and DROs; some of our team have been in the same situation. We’re here to help you understand your options.

Could you legally write off some debt?

There are several debt solutions in the UK, choosing the right one for you could write off some of your unaffordable debt, but the wrong one may be expensive and drawn out.

Answer below to get started.

How much debt do you have?

This isn’t a full fact find. MoneyNerd doesn’t give advice. We work with The Debt Advice Service who provide information about your options.

Do Debt Relief Orders Cover More than One Debt?

Yes, your Debt Relief Order will be used to cover all the debts you have at that time. You do not need a Debt Relief Order for each debt. 

How Many Debt Relief Orders Can I Have?

There is no limit to the number of Debt Relief Orders you can have. However, it is not that straightforward. 

Once you have had a Debt Relief Order, you will not be able to apply for another one for the next six years. Technically, you can have as many Debt Relief Orders as you need (although you probably won’t get them all accepted), but you can only have one Debt Relief Order within a six-year period.

» TAKE ACTION NOW: Fill out the short debt form

My Debt Relief Order Was Cancelled, Can I Get Another?

Some people have a Debt Relief Order accepted but then it gets cancelled because their finances improve and they don’t need it any more. 

Even in this situation, you will not be able to get another Debt Relief Order within six years of getting the previous one accepted.

However, the fact that your finances improved and you didn’t wipe your debt through the Debt Relief Order could help you to secure another one in the future.

How a debt solution could help

Some debt solutions can:

  1. Stop nasty calls from creditors
  2. Freeze interest and charges
  3. Reduce your monthly payments

A few debt solutions can even result in writing off some of your debt.

Here’s an example:


Situation

Monthly income £2,504
Monthly expenses £2,345
Total debt £32,049

Monthly debt repayments

Before £587
After £158

£429 reduction in monthly payments

If you want to learn what debt solutions are available to you, click the button below to get started.

Get started

Is It Hard to Get Two Debt Relief Orders?

It can be difficult to get two or more Debt Relief Orders. But the difficulty is not in the application or getting them accepted. The problem is that you are not likely to get more credit, and therefore more debt, if you already had all your debts wiped in your first Debt Relief Orders.

After having a Debt Relief Orders, it stays on your credit file for six years. Every time you apply for another loan, credit card or other credit, the lender you apply to will see that you have a Debt Relief Order and is less likely to lend to you.

If they are less likely to give you credit, there is not much chance of getting in debt again. And thus, you wouldn’t have any need for a second Debt Relief Order. 

Thousands have already tackled their debt

Every day our partners, The Debt Advice Service, help people find out whether they can lower their repayments and finally tackle or write off some of their debt.

Natasha

I’d recommend this firm to anyone struggling with debt – my mind has been put to rest, all is getting sorted.

Get started

Reviews shown are for The Debt Advice Service.

How Many Debt Relief Orders Can I Have? (Quick Recap!)

You can have more than one Debt Relief Order in your lifetime, but it is usually difficult to get more than one because you are unlikely to receive credit after the first one.

But if you do find yourself in a situation where you need another Debt Relief Order, it is possible. You can apply for another Debt Relief Order if your last Debt Relief Order was granted over six years ago.

Could you legally write off some debt?

Answer below to get started.

How much debt do you have?

This isn’t a full fact find. MoneyNerd doesn’t give advice. We work with The Debt Advice Service who provide information about your options.

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The authors
Scott Nelson Profile Picture
Author
MoneyNerd’s founder, Scott Nelson, has a decade of financial industry experience, including 6 years in FCA regulated loan and credit card companies. Troubled by a lack of conscience in the industry, he founded MoneyNerd to give genuine advice to those in debt and struggling financially.
Janine Marsh Profile Picture
Debt Expert
Janine Marsh is an award-winning presenter and a valuable member of the MoneyNerd team. With a wealth of experience as a financial expert, she's been featured on BBC Radio 4, BBC Local Radio, and BBC Five Live, and is a regular on Co-op Radio.