Record number of people took out debt relief orders in August

The number of debt relief orders taken out in August 2025 was a record high in the monthly records going back to their introduction in 2009, the Insolvency Service said (Anthony Devlin/PA Archive) - (PA Archive)

A record number of people turned to debt relief orders (DROs) in August to ease their financial struggles, Insolvency Service figures show.

In total, the number of people going financially insolvent across England and Wales jumped by 16% in August compared with the same month a year earlier, according to Insolvency Service figures.