1. Introduction
On 12 January 2021, the Government published a consultation on proposed changes to the monetary eligibility criteria for debt relief orders (DROs). DROs provide low cost and easy access to debt relief for individuals with relatively low levels of unmanageable debt, and no way to pay their creditors. In order to be able to obtain a DRO, a person must meet strict monetary eligibility criteria, alongside certain other non-monetary conditions (for example that they have lived or worked in England or Wales in the last 3 years). The monetary eligibility criteria have been unchanged since 2015. The consultation closed on 26 February 2021.
The Government proposed the following changes to the monetary eligibility criteria for an …
Read the full article at: https://www.gov.uk/government/consultations/debt-relief-orders/summary-of-responses-and-government-response
