Debt Relief Orders
(asked on 22nd March 2021) - View Source
Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, how many Debt Relief Order applications have been (a) accepted and (b) rejected by the Insolvency Service in each year since 2015.
The table below provides a summary of Debt Relief Order (DRO) applications that have been accepted and rejected in each financial year since 2015/16, as of 23rd March 2021.
Accepted DRO applications can later be revoked. Revocation of a DRO occurs where information subsequently comes to light that the individual:
- did not qualify for a DRO at the time the order was made.
- no longer qualified for a DRO during the one-year moratorium period.
DRO applications, rejections and revocations
1st April 2015 to 23rd March 2021
Year | DRO Applications accepted | DRO Applications rejected | DRO Applications revoked |
2015/16 | 24,922 | 96 | 301 |
2016/17 | 25,593 | 82 | 275 |
2017/18 | 24,969 | 66 | 212 |
2018/19 | 28,085 | 86 | 251 |
2019/20 | 27,434 | 62 | 290 |
2020/21 to date | 17,265 | 49 | 266 |
Revoked DROs are presented in the table based on their revocation date which may not be the same period in which the application was accepted.
The Insolvency Service’s published DRO statistics exclude all accepted DROs that have later been revoked. The Insolvency Service’s latest National Statistics publication on DROs can be found at: https://www.gov.uk/government/statistics/individual-insolvency-statistics-october-to-december-2020.