A Debt Relief Order Relief Order (DRO) is a statutory personal insolvency option available for people with unsecured debts less than £20,000, surplus monthly income of no more than £50 and assets of less than £1,000.

Contributions are not required. In all cases the process is administered by the Official Receiver.

A DRO can only be obtained by applying via an approved intermediary e.g. Citizens Advice Bureau or StepChange at a cost of £90. It is very similar to bankruptcy and you will be formally discharged from your debts after twelve months.

You will be subject to the same restrictions as a bankrupt on obtaining credit and being a director of a limited company.