What if my circumstances change?

Debt Arrangement Scheme | Guide

Your situation may change while you’re repaying your debts under the DAS, meaning you might not be able to keep on making the payments you agreed to make on your DPP.

If your circumstances do change, contact your Money Advisor as soon as possible and make them aware of your situation.

If it's a significant change in your circumstances, for example, if you’re made redundant or go on maternity leave, you could be able to get up to a six-month 'payment break' and then make these payments, extending the time for the DPP to finish. You’d still be paying the same amount as planned, just at a different time.

If it's a longer-term change in your circumstances, such as an increase in your living costs, you may be eligible to apply for a Variation, which involves reducing, or increasing, the amount lenders are paid, to help your DAS come to a successful conclusion in a way that's fair to you and your lenders.

Next: What are the alternatives?

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