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I was contacted by yourselves

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mattn
Starting Member

2 Posts

Posted - 08 June 2009 : 09:30:11

I was contacted a week or so ago, and was given advice about a new procedure for bankruptcy-but I have mislaid the information!!

gettingoutofdebt
forum expert

2418 Posts

Posted - 08 June 2009 : 10:41:25

Are you talking about a DRO? This is an alternative to BR that has only just started and is applied for though the CAB.

You can only apply for a DRO if you have debts of Ł15k, no assets above Ł300 and have a disposable income of less than Ł50.

Edited by - gettingoutofdebt on 08 June 2009 10:43:06

Niobe
Administrator

United Kingdom
4590 Posts

Posted - 09 June 2009 : 09:49:33

You can find out all about the DRO here and see if it is suitable for you:

http://debtrelieforder.org.uk/

The glimmer gets brighter all the time

Jan
xx

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