A debt relief order (DRO) is a legal order made by a court that can help a person with their debts. If a DRO is granted, the person will not have to pay back some or all of their debts. A DRO is a formal insolvency procedure, and it is only available to people who meet certain criteria. DROs are generally only available to people who have low incomes and few assets.
DROs can be an important way for people to get out of debt and get a fresh start. However, DROs can also have some negative consequences. For example, a DRO can make it difficult to get credit in the future. If you are considering applying for a DRO, it is important to weigh the pros and cons carefully.