How could a Debt Relief Order Help Me?
Trying to live a normal life when you’re stuck in a debt spiral can be so difficult. You never have suffiecient money to pay enough to keep each creditor happy, therefore the repayments and interest charges mount up, costing you more each month and leaving you in yet more debt. It’s a vicious circle that often seems to offer no way out.
If you live in England, Wales or Northern Ireland, a Debt Relief Order (DRO) could be the answer to all your debt-related worries. If you have unsecured debts of up to £20,000 and very little in the way of spare income, you could qualify for the scheme. This might just be the way out that you’ve been looking for.
If you sign up to a DRO, the first thing you’ll notice is that you don’t have to make any monthly repayments, and that the interest on your debts will have been frozen. This will bring you some much-needed breathing space and a chance to get back on your feet. Your creditors will no longer be able to hassle you for payments, too.
A chance to say goodbye to your debt worries
After a period of just one year, providing you have done all you were meant to do, those debts that had been plaguing your life will be written off. Here at BlueSky Finance, we’ve helped many people just like you to free their debt shackles via a DRO, and that’s one of the reasons why people choose us for guidance.
You need to bear in mind a number of factors when considering a DRO. Your credit rating will be affected, you may have other debts which can’t be included in the scheme and you won’t be eligible if you’ve had a DRO in the previous six years. There is a cost involved, too, a £90 fee that you will have to find.
If you’d like to know more about a Debt Relief Order and how it can help you get away from the clutches of debt-related problems, we can help. BlueSky Finance offer sympathy, understanding and practical guidance from the first moment you get in touch, so call 0141 488 2212 as soon as possible. We look forward to hearing your story, and to helping you during this difficult time.