DRO you wouldn’t qualify for that amount of debt and since a consolidation loan is out of the equation maybe an IVA would be the best solution for yourself. What an IVA is , is an Individual Voluntary Arrangement with you, your creditors and an IP firm who handle this for you. Its a 5 year term and allows you to pay back a minimum of £85 a month back to your creditors. The IP firm will accumulate your monthly payments (in which they will go through your Income and Expenditure to get an affordable solution) and distribute them to your creditors. Once 5 years is up all your remaining debt is wiped off, like bankruptcy your credit file will be affected but you have to expect that with debts written off. Any questions don’t hesitate to ask me as I used to work in the Insolvency Industry.