Our services and solutions
Debt solutions in Scotland
More ways to get help
Don't know where to start?
Answer a few questions, so we can find the best way to help
Got a debt question?
More about us
Debt in the UK
StepChange in Parliament
We work with parliamentarians on briefings, events & debt trends
The latest debt trends & analysis from our industry experts
Log back in to OnlineDMP to manage your DMP
Other ways to get in touch
Get debt help online now
Get free advice on how to deal with your debt online from the UK's leading debt charity
A debt relief order (DRO) is designed for people with few assets. An asset is something of value you own that can be sold to raise money.
If you live in England or Wales and your assets total more than £2,000, or £1,000 in Northern Ireland, you can't apply for a debt relief order.
We can help with free, impartial debt advice online now.
Get debt help
Examples of assets could include:
These assets are valued by how much you would get if they were re-sold in their current condition, not the amount you purchased them for.
Which assets aren’t included in a DRO?
When totalling up how much your assets are worth, there are certain assets the official receiver dealing with your DRO won’t count.
These items include:
Do you qualify for a debt relief order?
To qualify for a DRO, your total assets cannot be worth more than £2,000 if you live in England or Wales, or £1,000 if you live in Northern Ireland. However, you can also own one domestic vehicle worth up to £2,000 in England or Wales (or £1,000 in Northern Ireland) on top of this.
You’ll need to provide details of your vehicle including the make, model and registration number. Your vehicle’s value will be checked and if it appears to be worth more than £2,000 (£1,000 in Northern Ireland), you'll need to provide valuations from two independent motor dealers.
If you own a vehicle that’s used for business purposes only, it’ll be counted as part of the total assets you’re allowed. This means that if your business vehicle is worth more than £2,000 (£1,000 in Northern Ireland), a DRO won’t be possible.
If your vehicle has been specially adapted to help you with a physical disability, the limits above don’t apply.
If you own your home, you cannot apply for a debt relief order even if your home is in negative equity. Find out about other debt solutions.
If you're thinking of applying for a DRO, get free, impartial debt advice first. We'll then recommend the best solution for your situation.