Debt Relief Orders

Not all debts can be included in a Debt Relief Order, just as you would remain liable to certain debts in a normal bankruptcy.

Court Fines.
Student Loans.
Obligations arising from various drug trafficking offenses.
Secured debts - although with a property, you assets are likely to be more than the £300 minimum assets allowable.

Debt Relief Orders come into force on 6th APril 2009, and they are aimed at people who in relatively low levels of debt, but have low income, few assets and are unlikely to be in a position of paying off their debts in a reasonable time frame.