Govt proposes changes to DROs and insolvency fees

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Business Minister Ian Lucas has announced that the Government plans to make more people eligible to apply for Debt Relief Orders (DROs), which is says will provide extra support for those in financial difficulty.

The proposed changes to DROs would mean that those with very small pension pots would be able to apply for the Orders.

Lucas said: “Debt Relief Orders help people who would otherwise be trapped in poverty to get back on their feet. Following representations from independent money advisers

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