Apply for a Debt Relief Order in the UK? CALL : 03338803165
Apply for a debt relief order is often known as DRO, it is a one kind of way to clear all your debts. This is generally suitable for people with a comparatively low level of debt, & comparatively few properties as well as assets. (i.e. valuable belongings of value like a house or car). If a debt relief order is the right choice for you, this might be a simpler as well as a cheaper option to bankruptcy. And , if you are successful in the application, a debt relief order means you won’t need to pay back certain debts. But, at the end of the debt relief order period (generally 1 year), any debts involved within the debt relief order will be discharged so you won’t need to repay them at all. In order to be eligible you should meet all the below mentioned criteria: ● The debts are not more than 20,000 pounds ● you have not had a debt relief order in the last six years ● you have worked or stayed in UK for last 3 years ● you aren't a hom