Guidance

Horizon Convictions Redress Scheme (HCRS): how a bankruptcy, IVA or DRO affects your redress payment

How bankruptcy, an Individual Voluntary Arrangement (IVA) or a Debt Relief Order (DRO) affects your redress payment under HCRS.

• From: Department for Business and Trade
• Published: 1 November 2024

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Horizon Convictions Redress Scheme (HCRS): how a bankruptcy, Individual Voluntary Arrangement (IVA) or Debt Relief Order (DRO) affects your redress payment

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If you are applying for the Horizon Conviction Redress Scheme (HCRS), we ask you to inform us on your preliminary payment application form whether you have either:

• been made bankrupt
• entered into an Individual Voluntary Arrangement (IVA)
• entered into a Debt Relief Order (DRO)

This page explains how these arrangements may impact your redress payment.

You should seek advice from your lawyer on your individual circumstances.

Published 1 November 2024