If you are a resident of England, Wales, or Northern Ireland, then you are on the right page. Looking for an effective debt-solution to get out of debt at the earliest possible? Then, it’s high time to consider getting a Debt Relief Order; it’s a fairly quick and restrictive scheme to freeze the debts including the additional repayment charges and interest, for a year.
As a result, you can concentrate on the improvement of your financial situation. However, if an individual fails to tackle the critical financial circumstances, the debts automatically get written off, but only after the intervention of the Governmental bodies.
In short, it can be clearly specified that the DRO process is relatively easier to carry out, as an experienced advisor handles the whole process. So, if you are looking for a highly qualified debt advisor for the processing of the DRO application, Debt Advice Help is readily available for you.
We have a team of cooperative, reliable, and honest advisors who will help you with the Debt Relief Order UK. And, you can always schedule an appointment with us before applying for a DRO. We will help you throughout the process so that you can lead a debt-free life, within a short span.
What is a Debt Relief Order?
Planning to get a Debt Relief Order? Then, you must first know what this debt solution mainly implies and how it can be beneficial for you. Generally, DRO is an easy-to-access and effective way to write off the debt, especially when you have a minimum debt amount to pay.
Additionally, there are other few criteria that need to be met before applying for DRO. Our team of experts will critically check the required qualifications, including the debt-amount and the number of belongings you owe. After that, our specialist DRO team will opt for applying for Insolvency Service, if required.
Who can Apply for Debt Relief Order and How it Helps the Individuals?
Obviously, everyone who has a lump sum amount of debt to pay won’t be able to apply for a Debt Relief Order. The debt-payers can only apply for a DRO through an “approved intermediary” for which you will need a veteran DRO Adviser. This is where Debt Advice Help plays an imperative role in connecting the eligible debtors with a certified debt advisor.
Our skilled professionals will also check if the DRO is best-suited for the individuals or not. And, here is the list of eligibility criteria that is required for Debt Relief Order register:
- Initially, individuals should have a debt amount of £20,000 or less than that.
- Do you have less than £50 after paying the monthly taxes, household expenses, and national insurance at the end of the month? Then, DRO is a suitable option for you.
- Moreover, if you are a resident in England or Wales for at least 3 years.
- When you will owe household assets worth £1000, DRO is absolutely applicable for you.
Have you previously issued a Debt Relief Order? Is that 6 years ago? Then, you can’t further apply DRO, and there is nothing we can do about it. However, if you have previously been involved in bankruptcy or any other formal insolvency procedure, you won’t be considered eligible for DRO.
Once this debt solution gets approved, you no longer have to make the debt payments to the creditors, and they can’t take any legal action against you. With the help of the DRO, simply, write off the debts such as:
- Utility and phone bills
- in-store credit agreements
- money owed to HM Revenue & Customs
- And, Benefit Overpayments
How Long does it Take to Process the Debt Relief Order?
Before applying the DRO, you should first acknowledge how long does a Debt Relief Order take to process. Technically, it takes 10 working days to completely process the DRO order of an individual. Sometimes, it might take 2 weeks for the completion of the Debt Relief Order.
During these 10-14 days, the application is critically analyzed by an experienced Official Receiver. And, for avoiding unwanted delays in this process, it’s highly suggested getting in touch with us.
With our collaborative effort, the DRO will be assessed within a stipulated time frame. So, make sure you have provided these required documentations while issuing a DRO, this includes:
- Evidence of your benefit entitlement
- Car Valuation or Hire-Purchase Agreement
- Lease Agreement
- Council tax documentation
- Wage slips
- Recent documentation showing your debt amounts
- And, other relevant financial documents that will clearly demonstrate your financial condition.
How Can We Help in Getting a Debt Relief Order?
Debt Advice Help is one of the largest and renowned debt solution companies in the UK who thrive to help individuals who want to get out of debt. And, for that, you can simply join with us, state your requirements and hire one of our diligent professionals.
After that, we will hear from you about the financial situation, and then we will assess whether you are eligible for DRO or not. After checking the requirements for applying DRO, our expert team will proceed further.
Right after that, we will gather the required documents that require hassle-free DRO processing. We will next send the application to the Official Receiver and within 10 working days, the Debt Relief Order will get sanctioned. But, if Bankruptcy Court considers, you are not eligible for this debt solution plan, then it will immediately get cancelled.
If your financial circumstances remain the same, there will be no change in the DRO. After 12 months, our debt advisors will reassess the situation and send the details to the Official Receivers. And, after that, the number of debts will be written off, but only the insecure ones. So, contact us right away and get a Debt Relief Order through us. And, our highly responsible debt advisors explicitly undertake the following responsibilities:
- We maintain a professional standard while dealing with our customers.
- Moreover, our experts will give you the ultimate advice which can help you to manage the monthly payments.
- We will check every detail that is required during a Debt Relief Order application. And, monitor if anything needs to be added to the list, as well.
We have more than 1000+ customers who rely on us. So, bring back the ease in your life by just becoming a member of our authorized debt advice company.
Reach out to the Best Debt Solution Company in the UK
Paying the debts can be nerve-wracking, especially when you are unable to afford even the minimum amount of money at the end of the month. But, there is nothing to fret over, as we are available round the clock to help you out.
Moreover, we have a team of professionals who have wide knowledge about the DRO application and the processes that an individual needs to undergo. So, steps ahead and calls us to get immediate help. Our customer support executives are there to offer persistent service to the debtors who promptly need DRO. So, join us now!