Debt Arrangement Scheme | Guide

How do I apply?

You’re required to seek advice from an approved Money Advisor, which you can access through many different routes, for example, the Citizens Advice Bureau, or the Debt Advisory Centre can provide you with advice to make sure that DAS is a suitable solution for you. Only an approved Money Advisor can put together a proposal for a DAS DPP – it isn’t something you can do on your own.

If approved, your DPP will run until it is completed and all of your unsecured debts are paid off, unless it is revoked (brought to an end), for example, if you fail to meet the conditions of the DAS.

If your circumstances improve, it may be that you no longer need a debt solution, or if your situation gets worse, a different debt solution may become more suitable for you. Speak to your Money Advisor as soon as your circumstances change.

What if I change my mind?

You are under no obligation whatsoever to enter a debt solution and you should make sure you are happy that you understand what entering into a solution involves before you go ahead.

If you did choose to enter the DAS, and then change your mind about it, you can withdraw your application for a DPP at any time until it is approved or rejected by your lenders.

If you change your mind after you make your application, you must tell your Money Advisor immediately, as your DPP may be approved at any time during the 21 days after it is put forward. Once it is approved, you will no longer be entitled to withdraw your application.

Are any debts excluded from DAS?

DAS is for debts that aren’t secured against your home or car, where lenders don’t have a right to your assets or property. Some examples of debts that can be included in your DPP are credit card debts, personal loans, payday loans and overdrafts. This is not the full list, speak to us about your situation and we’ll be able to advise on whether DAS is suitable for the debts you have.

Debts that are excluded from DAS are court fines, mortgage payments, secured loans, utilities and hire purchases, however, any arrears on these, will be able to be included.

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