皇冠体育app

Executive summary

We received 50 responses to the call for evidence and have analysed all of the information submitted. We received responses from a variety of respondents including debtors, debt advisors, debt charities, large business, micro business, academics and the judiciary. 皇冠体育app distribution of respondents is set out in Annex 1.

皇冠体育app evidence suggests that the DRO competent authority and intermediary model is working well and that DROs have a very significant impact on the wellbeing of debtors. We received many useful suggestions on how the DRO process could be improved. We received some moving examples of the impact that DROs have had on the most vulnerable people in our society. DROs have provided a lifeline for many, resulting in improvements in mental and physical health and wellbeing.

皇冠体育appre was overwhelming support for an increase in the maximum amount of debts and assets that a debtor can have to apply for a DRO but for the amount of surplus income to remain at 拢50 per month.

皇冠体育app evidence also confirmed that the creditor bankruptcy limit should be increased.

We are grateful to those who took the time to respond.