07 Mar 2024 | Posted In Money advice news

In this week’s Spring Budget, it was announced that the government is removing the £90 administration fee for Debt Relief Orders (DROs) from 6 April 2024, and raising the maximum debt value threshold from £30,000 to £50,000 and increasing the maximum value of motor vehicle that an individual can retain from £2,000 to £4,000 from 28 June 2024.

Read blogger Debt Camel’s analysis of what she calls “very good news for people who need DROs in England and Wales” here.