{"id":61700,"date":"2015-09-18T09:51:00","date_gmt":"2015-09-18T09:51:00","guid":{"rendered":"http:\/\/mostafa.openonline.co.uk\/?guid=026490704083e33623ccc4f77cd42f5a"},"modified":"2015-09-18T15:51:33","modified_gmt":"2015-09-18T15:51:33","slug":"press-release-more-help-for-people-with-personal-problem-debt","status":"publish","type":"post","link":"https:\/\/mostafa.openonline.co.uk\/?p=61700","title":{"rendered":"Press release: More help for people with personal problem debt"},"content":{"rendered":"<p><em>Updated:<\/em> Text revised for clarity.<\/p>\n<div class=\"govspeak\">\n<h3 id=\"more-people-able-to-access-debt-relief-orders-dro\">More people able to access debt relief orders (DRO)<\/h3>\n<p>From 1 October 2015 the maximum debt you can owe to apply to have it covered by a DRO is increasing from \u00a315,000 to \u00a320,000. You will now be able to have \u00a31,000 in assets (increasing from \u00a3300).<\/p>\n<p>There is more information about <a href=\"https:\/\/www.gov.uk\/options-for-paying-off-your-debts\/debt-relief-orders\">getting a debt relief order<\/a>.<\/p>\n<h3 id=\"minimum-debt-for-bankruptcy-rises\">Minimum debt for bankruptcy rises<\/h3>\n<p>From 1 October 2015, the minimum debt someone who you owe money to (your \u2018creditors\u2019) can <a href=\"https:\/\/www.gov.uk\/bankruptcy\">ask the court to declare you bankrupt<\/a> for will rise to \u00a35,000 from \u00a3750. Bankruptcy has serious impacts, and this change ensures that people with low level debts are taken out of it.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>To enable more vulnerable poeple to access cheap debt reflief, thresholds are being raised for Debt Relief Orders. The neagtive threat of being forced into bankruptcy is also being removed for those holding low level debts.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"_links":{"self":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/61700"}],"collection":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=61700"}],"version-history":[{"count":1,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/61700\/revisions"}],"predecessor-version":[{"id":61752,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/61700\/revisions\/61752"}],"wp:attachment":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=61700"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=61700"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=61700"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}