Following the changes to the Debt Relief Order (DRO) eligibility criteria in England and Wales from October 2015, Northern Ireland is now proposing to make the same changes. The proposed amounts are a debt limit of £15,000 and asset limit of £1,000. We responded in support of the amendments, but also advocating for a higher debt limit of £30,000 to help more of those who are Too poor to go bankrupt. Read our response below and CAP’s Too poor to go bankrupt report here.
Read the full document here