Advice NI has said Northern Ireland must follow new Debt Relief Orders (DROs) rules applied this week in England and Wales – transformative measures for those facing the burden of debt. In his spring budget, the Chancellor announced the removal of the £90 administration fee associated with Debt Relief Orders (DROs) and increased the maximum debt threshold from £30,000 to £50,000 – whilst also increasing the allowable value of retained motor vehicles from £2,000 to £4,000 - across England and Wales.
