Debt relief order

Debt relief order

A debt relief order is a simple and straightforward debt solution which enables you to write off your debts where you owe less than £15,000 and you have low disposable income and little or no assets.

This is a quicker and cheaper alternative to bankruptcy and has been created as a legal debt solution to simplify the process for people with limited financial means.

For free advice on debt relief orders call us now on 0800 007 5021

How do I qualify for a debt relief order?

To qualify for a debt relief order you must first of all be unable to pay your debts as well as meet the following criteria:

  • You must live in England or Wales or carried out a business there in the last three years
  • Your unsecured debts must be no more than £15,000
  • The total value of your assets needs to be less than £300
  • You should have no more than £50 of disposable income
  • You must not have applied for a debt relief order in the last six years or be currently part of another insolvency procedure

UK locations

Covering the whole of the UK

About us

» We are an independant organisation setup to help people across the UK solve their debt problems. Our debt managers help poeple everyday to improve their finances and get their lives back on track. Read more

Get in Touch

Head office:

16 Woodside Crescent,
Glasgow, G3 7UT


Phone:
0800 007 5021
Email:
info@economyprofessor.com
To view our other UK offices click here.
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