Debt Relief Order
/ˈdɛt rɪˌlif ˈɔrdər/
Definitions
- (n.) A formal insolvency arrangement in English law for individuals with low income and low debt to have debts legally written off after meeting conditions.
She applied for a debt relief order to manage her unpaid bills without declaring bankruptcy.
Forms
- debt relief order
- debt relief orders
Related terms
See also
Commentary
Use 'debt relief order' specifically in contexts related to personal insolvency for low-income debtors in England and Wales; ensure eligibility criteria are clear when drafting documents.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.