- Changes to Debt Relief Orders (DROs) were announced in the 2024 Spring Budget to offer more help to people in debt
- Changes include abolishing the 90 administration fee to obtain a DRO from April 6
- From June, the value of the car a person who wants to obtain a DRO can own will also go up and the total amount of debt which can be covered by a DRO will increase from 30,000 to 50,000
The government announced changes to Debt Relief Orders, in the Spring Budget, to offer more support for people struggling with debt.
We talk to Andrew Shore, Assistant Director of Policy at the Insolvency Service, about DROs and how the changes will make them easier to access for people struggling with problem debt.
A DRO is a formal debt solution – a …
Read the full article at: https://www.miragenews.com/uk-gov-revises-debt-relief-orders-to-aid-1209719/