Rises in used car prices have been a barrier to people entering insolvency in recent years, according to a financial support service.
Money Wellness made the comments ahead of changes to debt relief orders (DROs) this week, which will raise the value of a vehicle that people who are entering this type of insolvency can own.
From Friday June 28, the total amount someone with a DRO can have will increase from 30,000 to 50,000 and the value of a vehicle they can own when they enter a DRO will rise from 2,000 to 4,000.
There are three types of formal personal insolvency in England and Wales including DROs, bankruptcies and individual voluntary arr…
Read the full article at: https://www.aol.co.uk/news/rising-used-car-prices-barrier-113121876.html
Rises in used car prices have been a barrier to people entering insolvency in recent years, according to a financial support service.
Money Wellness made the comments ahead of changes to debt relief orders (DROs) this week, which will raise the value of a vehicle that people who are entering this type of insolvency can own.
From Friday June 28, the total amount someone with a DRO can have will increase from 30,000 to 50,000 and the value of a vehicle they can own when they enter a DRO will rise from 2,000 to 4,000.
There are three types of formal personal insolvency in England and Wales including DROs, bankruptcies and individual voluntary arr…
Read the full article at: https://www.aol.co.uk/news/rising-used-car-prices-barrier-113121876.html
Rises in used car prices have been a barrier to people entering insolvency in recent years, according to a financial support service.
Money Wellness made the comments ahead of changes to debt relief orders (DROs) this week, which will raise the value of a vehicle that people who are entering this type of insolvency can own.
From Friday June 28, the total amount someone with a DRO can have will increase from 30,000 to 50,000 and the value of a vehicle they can own when they enter a DRO will rise from 2,000 to 4,000.
There are three types of formal personal insolvency in England and Wales including DROs, bankruptcies and individual voluntary arr…
Read the full article at: https://www.aol.co.uk/news/rising-used-car-prices-barrier-113121876.html
Rises in used car prices have been a barrier to people entering insolvency in recent years, according to a financial support service.
Money Wellness made the comments ahead of changes to debt relief orders (DROs) this week, which will raise the value of a vehicle that people who are entering this type of insolvency can own.
From Friday June 28, the total amount someone with a DRO can have will increase from 30,000 to 50,000 and the value of a vehicle they can own when they enter a DRO will rise from 2,000 to 4,000.
There are three types of formal personal insolvency in England and Wales including DROs, bankruptcies and individual voluntary arr…
Read the full article at: https://www.aol.co.uk/news/rising-used-car-prices-barrier-113121876.html
Rises in used car prices have been a barrier to people entering insolvency in recent years, according to a financial support service.
Money Wellness made the comments ahead of changes to debt relief orders (DROs) this week, which will raise the value of a vehicle that people who are entering this type of insolvency can own.
From Friday June 28, the total amount someone with a DRO can have will increase from 30,000 to 50,000 and the value of a vehicle they can own when they enter a DRO will rise from 2,000 to 4,000.
There are three types of formal personal insolvency in England and Wales including DROs, bankruptcies and individual voluntary arr…
Read the full article at: https://www.aol.co.uk/news/rising-used-car-prices-barrier-113121876.html