A DEBT RELIEF ORDER order (DRO) is a way to have your unsecured debts written off if you have a relatively low level of debt, have few assets and a low level disposable income.
What’s a DRO?
A Debt Relief Order is a simpler and quicker alternative to bankruptcy, lasting for 12 months. It is suitable for those people who owe less than £20,000, have few or no assets (less than £1000 and not a home owner) and have disposable income of less than £50 per month. When the 12 month period ends all of your debts are written off.