A Relief for Debtors and Possibly Fraudsters

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On the 6th April 2009 a new form of insolvency was introduced the Debt Relief Order (DRO). DRO is an alternative to bankruptcy that can provide people with low incomes and few assets with a way to get out of paying their debt in pretty much the same way as a bankruptcy order. While a DRO will help those that deserve it my concern is it will also help those that don’t.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Carlo Pegna | Attorney Advertising

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