Debt Relief Order (DRO)

Make no repayments for 12 months with 100% of included debts written off.

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May not be suitable in all circumstances. Fees and disadvantages may apply, learn more here.

Money Helper (formerly The Money Advice Service) is a free service set up by the Government to help people make the most of their money. If you would like to learn more click here.

Your journey to financial freedom starts here.

1. Speak to our team.

Our experienced advisors are waiting to help you start dealing with your debts.

2. We guide you.

Find out more about the debt repayment plans available to you.

3. Ongoing support.

Our advisors will support and guide you throughout your journey to debt freedom.

Find out if a DRO is the right debt management solution for you.

As with any debt agreement, it’s important that you seek professional advice before committing.

A DRO is a formal debt solution whereby you cease to make payments towards your included debts for a period of 12 months.

If after this time your financial position has not changed and you still can’t make any contributions towards your debts, all of your debts are written off in full.

A DRO could be ideal if you cannot afford to make any repayments towards debts that are eligible to be covered by a DRO. For a period of 12 months all repayments along with interest and fees are paused. If after this time your financial position has not changed and you still can’t make any contributions towards your debts, all of your debts are written off in full.

As with any formal debt solution, it is important that you speak to an debt professional to ensure that you fully understand the implications of a DRO.

To be eligible for a DRO you must meet the following criteria:

  • Owe less than £30,000
  • Have less than £2,000 worth of valuables or/and assets combined.
  • Are not currently bankrupt, or in an IVA and have not had a DRO in the past 6 years.
  • You do not have enough money left over each month to repay your debt commitments.
Below are the main advantages of entering into a DRO. To learn more, please get in touch.
  • Make no repayments – make no repayments towards the debts included in your DRO.
  • Lasts for 12 months – debts covered by your DRO are written off after only 12 months.
  • No more charges or interest – charges and interest are frozen.
  • Stop creditor contact – legal protection stopping your creditors taking any further action against you.

Below are the main disadvantages of entering into a DRO. To learn more and see how a DRO could impact you, please get in touch.

  • Credit rating affected – as with any formal debt solution, your credit rating will be affected for 6 years.
  • Public register -details of your DRO will be entered onto a public register.
  • Can’t include all debts – not all debts can be included in a DRO – any debts not covered will need to be dealt with separately.
  • Not available to homeowners – if you own your own home you will not be eligible for a DRO.

Debts we can help with

This is not a full list, please get in touch to see what other debts can be included.

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May not be suitable in all circumstances. Fees and disadvantages may apply, learn more here.

5 Star Rated on Feefo

What our customers say about us

Scott Dean
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I have been struggling by myself for years with debt, and when I finally reached boiling point I got in touch with Advice Centre Group. Every person I have spoken to has been polite and patient. Especially Tom Doherty. What an absolute star who has gone above and beyond for me, I will honestly never forget the help, guidance and advice he's given me. I am now on a path to being debt free and it is down to the professionalism and kindness of the Advice Centre Group.
Trusted Customer
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Excellent company thank you for all the help to get me on right track
Trusted Customer
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Absolutely fantastic service the team has been great right from the start from my first phone call with them. Such a huge weight has been lifted that I’ve been carrying by for a long time.
Sieczkowski, Pawel
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I have delt with Joel and Carl. they are very knowledgeable, supportive and have your best interest at hear. Highly recommend this company they really care for people. Thank you for your help!
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Rated as ‘Excellent’ on Trustpilot

What our customers say about us

Tom Hudson
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Fantastic service by Ben - Ben has made the whole process simple and easy, made me feel very reassured that I am making the correct decisions and getting my debt on track! Couldn’t recommend Ben enough!
Yk King
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I spoke with a man called Perry extremely amazing understanding and compassionate man. He ensured i was satisfied and knew all my options. He broke everything down to me and reassuring throughout the whole process. Highly highly recommend dealing with dissolve debt and ensuring Perry answers the phone! Best decision iv made in a long time and I finally feel at ease mentally and physically after my conversation.
Akira
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Just want to personally thank Richard… Just want to personally thank Richard for listening to me and being willing to understand my financial and emotional status. He was extremely kind and reassuring, this is exactly the service I needed when facing hardship so thank you again Richard! I feel more at ease and hopeful I will tackle this soon now that I've got help managing debt
NazT
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Excellent service received - I would like to thank Richard for his exceptional service. He was non judgemental and did an amazing job in reassuring me that there is a suitable solution for me after another solution was unsuccessful. He was very patient and understanding and I am very happy to have discussed my situation with Richard. He gave me a thorough overview of everything and we were able to agree on an affordable monthly payment. I would recommend Richard to anyone.
Jade
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Ben and Chantelle were very friendly… - Ben and Chantelle were very friendly and made me feel at ease when talking about my debts was reassuring and made the process very smooth
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How much would my repayments be if I enter into an IVA?

If you have more than £6,000 debt and can afford to make a regular monthly repayment towards clearing them, there is a good chance that an IVA would be a good solution for you.

With an IVA you make a single monthly, affordable repayment towards all included debts for, typically, a 5 year period. After this time any remaining debts are usually written off in full.

Repayments based on what you can afford and NOT what you owe.

A real life IVA example* –

Total debt – £15,461

Old repayment - £830

New repayment - £125

* We assess each customer individually based on their circumstances and payments to the IVA are based on what is realistic and affordable.

Frequently asked questions.

A DRO creates a legally binding agreement between you (the debtor) and the people/companies you owe money to (your creditors).

If you do not have enough money left over at the end of each month to repay your debts once all of your living expenses have been paid, a DRO could be suitable for you.

In general, a DRO will not have any impact on your job. However, in some professions, such as accountancy and solicitors, entering into a debt management solution could mean that you are unable to practice or will be able to only under certain conditions.

All debt solutions will have an impact on your credit score.

Details of your debt solution will be entered onto your credit record and will remain there for a period of usually 6 years.

There is a one-off fee of £90 that must be paid at the time your DRO application is submitted. This fee is payable to the Insolvency Service.