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AdviceUK
AdviceUK is a membership body for organisations and services that provide free and independent advice across England, Scotland and Wales and a charity registered with the Charity Commission. Typically its members are charities and community groups that work in a particular geographical location or with a clearly defined client group. It was formed in 1979 as the Federation of Independent Advice Centres (FIAC). AdviceUK is a member of the Advice Services Alliance and has been designated as a Competent Authority to administer Debt Relief Order Debt relief orders (DROs) are a simplified, quicker and cheaper alternative to bankruptcy as an bankruptcy in the United Kingdom, insolvency measure in the United Kingdom, which came into effect in England and Wales on 6 April 2009, and are also of ...s. It is also listed as an umbrella body for not-for-profit providers of generalist or specialist social welfare advice. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Debt Relief Order
Debt relief orders (DROs) are a simplified, quicker and cheaper alternative to bankruptcy as an bankruptcy in the United Kingdom, insolvency measure in the United Kingdom, which came into effect in England and Wales on 6 April 2009, and are also offered in Northern Ireland. Debt relief orders are suitable for debtors who have relatively low liabilities, little surplus income and few assets; can (depending on eligibility) be a viable alternative to other insolvency measures, such as Individual Voluntary Arrangements (IVAs), and when bankruptcy would be disproportionate; and allow vulnerable people trapped in debt to have a fresh start. It is possible to apply for a DRO without attending court and the fee is £90. The fee may be paid by installments prior to applying for the order. Background Debt relief orders were introduced under Chapter 4 of the Tribunals, Courts and Enforcement Act 2007, as a major amendment to the Insolvency Act 1986, and minor amendments to the Company Dire ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |