Record Number of People Take out Debt Relief Orders in April

The jump in England and Wales coincided with the removal of a £90 administration fee to obtain a debt relief order.

Undated file photo of a smashed piggy bank. Anthony Devlin/PA

The number of people taking out a debt relief order (DRO) reached a record high in England and Wales in April, according to new figures.

Some 3,436 DROs were recorded by the Insolvency Service in April, marking a record high in the statistics going back to when DROs were introduced in 2009.