In April of next year the government are introducing Debt Relief Orders, and these orders are a way for low income borrowers with debts to declare themselves bankrupt online without having to go near a bankruptcy court or deal with the traditional hassles of filing for bankruptcy. However, there are concerns amongst some officials that DROs could make it too easy for consumers to escape their debts, and that the system is open to abuse. (more…)
Posts Tagged ‘debt relief’
Debt relief orders could make bankruptcy too easy
Saturday, May 10th, 2008
More from Debt News category
Ads and sponsors