To qualify for a DRO you must:
- Have no more than £15,000 of debt
- Have no more than £50 per month available income after living costs have been paid
- Have no more than £300 worth of assets (you are allowed 1 vehicle up to the value of £1,000). If you are a homeowner, you will not be able to apply for a DRO as your house is seen as an asset even if it is in negative equity. If you think you are suitable for a DRO, you should seek advice from one of our Debt Action NI advisers.