How it works:
A DRO is a debt solution for people with few assets and no spare income to put towards their debts
The payments on your unsecured debts will be suspended
If your circumstances have not improved after 12 months the rest of your debt will be written off
Things to consider:
A DRO will affect your credit rating and the details recorded in the insolvency register
It costs £90 to apply for a DRO
DROs are available subject to eligibility and acceptance
DRO's are available subject to availability and acceptance, alternative solutions may be offered. Fees payable if continuing services provided. Our fees are explained here.
Why Debt Support UK?
- We work alongside our chosen company that is regulated by the Financial Conduct Authority.
- Their advisors are UK based and fully trained to give debt advice.
- They'll listen to your worries and get a really good understanding of your situation before recommending the right solution.
For more help and advice on getting debt free, visit the Money Advice Service, an independent service set up to help people manage their money.