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Debt Relief Orders due in Northern Ireland


Not everyone in the UK who might be able to benefit from a Debt Relief Order will yet be able do so. That’s because legislation to make them available to people facing insolvency and bankruptcy in Northern Ireland is still going through the Stormont assembly’s legislative process. Debt relief orders provide an affordable way for people in very heavy debt to pay off and ultimately write off what they owe over the course of a year. Enterprise minister Arlene Foster introduced a bill to the Northern Ireland Assembly earlier in March, claiming that one thousand people per year would be able to benefit from a DRO. The Orders protect debtors from action by their creditors for up to a year, after which liability for debts that the individual has no hope of paying off will be cancelled. DROs were introduced in England and Wales in April 2009, and changes to the scheme were recently announced.

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