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A debt relief order is an easier route to clear your debts than bankruptcy and means that you don't need to make any payments towards the debts you've declared. to a DRO, including lump-sum cash payments, windfalls, property and money left to you in a will;. • not obtain credit of £ or more from anyone without first. There are a number of criteria you have to meet to be eligible for a DRO, these are listed below. If you meet these and can get a DRO, you don't have to pay.

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How Do I Start a Debt Relief Order? · It's always best to seek guidance before you begin the process of debt relief. · You can't apply for a debt relief order. A DRO is only available to individuals who have very little disposable income available to pay to their creditors, have few or no assets, and a limited level of. Debt Relief Orders have many of the same advantages as bankruptcy. It usually lasts for a year (during which time your creditors can't take action against.

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There are a number of criteria you have to meet to be eligible for a DRO, these are listed below. If you meet these and can get a DRO, you don't have to pay. Yes. The rules and the way your debt relief order is treated are no different than they would be if you were applying for a mortgage on your own. Having a DRO. A DRO is only available to individuals who have very little disposable income available to pay to their creditors, have few or no assets, and a limited level of.