Not all debts can be included in a DRO. The debts that can be included are called “qualifying debts”. It is important that you know what can be included to ensure that a DRO meets your requirements.
During the period of your DRO, creditors cannot ask you for payment of these debts, and if they do, you are not obliged to pay.
The debts below can be included in a DRO. In relation to rent, your landlord could still seek to evict you if you are behind with your payments, even if this debt has been included in your DRO, so you may have to keep paying this even after your DRO has been implemented.
If any of the above have been obtained fraudulently, you will still have to repay them once your DRO has ended.
Even if your debts can be included in a DRO, it’s important to remember that there will be an impact on your day-to-day life with a DRO, for example:
There are also rules that you must abide by when in a DRO, these ‘restrictions’ include:
The debts below cannot be included in your DRO. This means that even if your DRO is approved, you will still need to continue to repay these debts.
If you are unsure whether your debts can be included in a DRO, speak to us today and we can help you decide whether a DRO is a suitable solution for you to apply for to manage your debts. It’s also worth noting that:
If you are still unsure whether a Debt Relief Order is the best solution to help manage your debts, we can help you explore your options further. You can call us on 0161 660 2510 or complete our online enquiry form and a member of our team will call you back.
Registered office: Second Floor A, Cheadle Place, Cheadle, Cheshire, England, SK8 2JX.
Registered office: Second Floor A, Cheadle Place, Cheadle, Cheshire, England, SK8 2JX.
© 2024 Advice Centre Group Ltd.
www.yourdebtadvisor.co.uk is a trading style of Advice Centre Group Ltd registered in England and Wales (14322979). Registered office: Second Floor A, Cheadle Place, Cheadle, Cheshire, England, SK8 2JX.
Advice Centre Group works in reasonable contemplation of ivas. If you decide on another solution other than an iva we will pass you to our partner Dissolve Debt Limited, which is authorised and regulated by the Financial Conduct Authority to provide debt advice, firm reference number 662423.
Entering into a debt management plan, you will be made aware of any fees before you contract into any agreement, and you will be given plenty of time to think about what you want to do before making a decision. At no stage are you under any obligation and you are always protected by your consumer rights.
Adam Southard is authorised as a Licensed Insolvency Practitioner in the United Kingdom by the Insolvency Practitioners Association, We only provide advice after completing or receiving an initial fact find where the individual(s) concerned meet the criteria for one of our insolvency solutions, therefore, all advice regarding Individual Voluntary Arrangements (IVA) is given in reasonable contemplation of an insolvency appointment.
Adam Southard is licensed to act as an Insolvency Practitioner in the UK by the Insolvency Practitioners Association. Office Holder No. 11930
Insolvency Practitioner Directory- Insolvency Practitioner Details (bis.gov.uk)
What you need to know about Individual Voluntary Arrangements (Insolvency Service)
We provide solutions to individuals throughout the UK, We Will help recommend solutions available, tailored to your circumstances in which you can then make an informed decision about which solution you qualify for.