- Increasing the financial eligibility criteria will give more people access to debt relief orders and help them get out of problem debt
- Research shows that more people are seeking debt advice and are likely to require financial relief
Proposals have been outlined by the government to increase the financial eligibility criteria for debt relief orders (DROs), helping more people deal with financial difficulties to get a fresh start.
Research shows that the demand for debt advice could increase by up to 60% by the end of 2021 and around 3 million more people than before the pandemic will need support with problem debt by the end of 2021.
The government is publicly consulting on changing the eligibility criteria to enter a DRO to:
Read the full article at: https://www.miragenews.com/uk-government-proposals-to-help-more-people-in-problem-debt/