Debt Free Advice

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No matter how much you owe to creditors, if the outstanding balance is unaffordable then an appropriate debt solution is required to meet your needs. While some customers may have tens of thousands of pounds of credit card debts or utility arrears, others owing less than £15,000 still face huge struggles if their monthly income doesn’t allow them to meet their repayments.

What Is A Debt Relief Order?
A Debt Relief Order (DRO) is a very useful debt solution introduced by the government in 2009 and is designed to provide a fresh start for those with less than £15,000 of debt and no assets of value. Following your Free Debt Review with one of our fully trained consultants, we will be able to establish whether you are in a position make any contributions at all towards your creditors – if you can afford to pay more than £50 per month then we will explain other options which may be more appropriate for your circumstances including a range of Debt Management Plans and Individual Voluntary Arrangements.

Depending on your exact finances, you will be required to pay between £0 and £50 per month for 12 months as well as a £90 set up charge to the insolvency service which, for many, is a far less daunting proposition than tackling the full balance head on.

DROs work in a very similar way to Bankruptcy although it is seen as a far simpler process with smaller amounts of money being written off to safeguard your financial future. Each DRO lasts for just one year, at which point you will be free from debt and the associated stresses.

Although a DRO will have a negative effect on your credit rating, the vast majority of those applying for a DRO will already have seen their credit rating detrimentally affected. When you consider the immediate and positive impacts that arranging a DRO could have on your life – no more threatening letters, hassling phone calls or the possibility of legal action – it can make a lot of sense to explore this option with your consultant.

Advantages Disadvantages
  • The majority of any outstanding balances can be written off completely
  • All existing creditor outgoings are reduced into one affordable monthly payment
  • Debt Relief Order payments continue for a period of one year
  • Creditor contact and further collection arrangements will cease once the order is in place
  • Additional charges and interest will be frozen on creditor acceptance of a DRO
  • Receive protection from further legal action from creditors by simply maintaining pre-agreed monthly payments
  • Qualifying for a DRO can be difficult due to stringent acceptance criteria Future changes in your finances can lead you to becoming liable for the whole balance again
  • You will be registered as insolvent and therefore fees may apply
  • Those with over £15,000 of debt will not be eligible for a DRO
  • Your bank account may be shut down as a result of accepting a DRO and restrictions may be place on opening certain types of account in the future
  • Your credit file will be affected for up to six years as will your ability to obtain new credit

Is a DRO Right For Me?
Every customer we speak to has been on a different financial journey and so any discussions regarding a DRO or other debt solution are best left until a no-obligation Free Debt Review has been completed by one of experts. To take this first positive step towards addressing your finances, simply complete our enquiry form and one of our consultants will contact you at a time that is convenient. We aid thousands of customers each year from all over the UK, so help us to help you get back on the road to financial freedom by getting in touch today!



Personal Loans
Credit Cards
Payday Loans
Store cards
Doorstop loans
HM Revenue
Custom Debts
Council Tax Arrears
Utility Bills

When people are struggling with debt it's more important then ever that they have access to effective advice. We work with partners to make debt advice easier and quicker to access, and to improve standards and quality across the sector.

Visit the Money Advice Service website for further info >>

Free No Obligation Debt Reviews
Debt Management Plans
Individual Voluntary Arrangements
Trust Deeds/Sequestration
Bankruptcy Service
Debt Solutions for Scottish Clients
Repossesion/Eviction Advice
Self-Help Budgeting Advice


Call Us: 0800 781 7615

IMPORTANT INFORMATION: Debt solutions subject to conditions and acceptance. Your ability to obtain credit will be affected in the short term and may also be affected in the medium to long term. Paying a lower amount each month may increase the time taken to repay the debt. The total amount our client's repay towards their debts may increase on certain debt solutions. If you enter into an individual voluntary arrangement (IVA), a debt relief order (DRO), a protected trust deed or becoming bankrupt the details will be recorded in the Insolvency Register.

* The free debt review consists of a detailed telephone interview with one of our Personal Finance Advisors who are experts in giving debt and money advice, and are regulated by the Financial Conduct Authority (FCA). This is completely free of charge, with no obligation, and you will be given a detailed breakdown of what your options are. If you chose to take one of the solutions offered to you by one of our chosen partners, there may be fees included. However you will be made aware of those before you contract in to 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.
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