VOSCAP NEWS
How A Debt Relief Order Offers a Clear Path Back to Financial Stability
A Debt Relief Order (DRO) provides a simple, low-cost route out of unmanageable debt.
Recent reforms in 2024 expanded access by removing fees, raising the debt threshold to £50,000, and increasing vehicle allowances.
Over a 12-month moratorium, debts are frozen—then written off if circumstances remain unchanged.
This guide explains eligibility, the pros and cons, and what applicants can expect.
For those with limited income and assets, a DRO can be a vital step toward financial stability.
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Voscap’s primary objective is to save your business. Our team of experts’ knowledge in restructuring and turnaround assignments is invaluable when assessing the best option available to your needs. With experience spanning several decades, we have the skill and resources to provide viable solutions within all industry sectors. All organisations go through difficult times and we are here to help. From small to multi-million turnover businesses, we have dealt with the most complex of cases. We offer an initial free assessment in analysing your financial position and providing clear and precise advice making your experience a simple non-complicated process.