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Debt Relief Order (DRO)

Money Advice Service

123 Debt Solutions no longer offers debt advice. To receive the same high quality assistance with your debts and to speak with an experienced advisor please call 0151 252 0111 or click here and an agent from Pareto Money Limited will get in touch.

Pareto Money Limited is authorised and regulated by the Financial Conduct Authority (FCA) to offer debt counselling services. Their FCA licence number is 792912.

The Money Advice Service also provides free debt counselling, debt adjustment and credit information services. Visit the Money Advice Service here.

A Debt Relief Order (DRO) is for people with unsecured debts totalling less than £20,000 and on low incomes. They usually only last for 1 year and at the end you will be free from the debts listed in the order.

To be eligible for a DRO the following must be true:

  • You have qualifying debts totalling £20,000 or less
  • You have £50 or less per month spare from your available income after paying your normal household expenses
  • Your assets (the things you own) and any savings are worth £300 or less
  • If you own a motor vehicle, it must be worth £1,000 or less
  • You must have lived, had a property or carried on a business in England or Wales in the last 3 years

For further information please complete the form below and an agent from Pareto Money will contact you.

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Your Details
Title: *
Forename: *
Surname: *
Contact Number: *
Mobile: *
Email Address: *
Please provide a valid email address
Financial Details
Total Unsecured Debt: *
Number of Creditors: *
Monthly Income: *
Monthly Expenditure: *
Employment Status: *
Marital Status: *
Number of Children: *
Homeowner: *
Estimated Property Value: *
Outstanding on Mortgage: *
Current Living Status: *
Please complete all the highlighted fields

We aim to:

  • Reduce your monthly payments
  • Stop unwanted calls and letters
  • Stop interest and charges
  • Friendly UK based advisors to deal with any queries you may have