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Business Solutions - Debt Arrangement Scheme

The Debt Arrangement Scheme is a formal arrangement introduced by the Scottish Government. The scheme allows you to repay your debt in full over a period of time, during which interest and charge are suspended. DAS enables you to make one single payment every week/month, which is then distributed to your creditors. Whilst in the DAS, creditors cannot take any further action against you. Your home and car etc, are not at risk in the DAS. The DAS is also available to businesses.

If you have any further questions with regards the debt arrangement scheme, please don't hesitate to contact us.

Who is DAS for?

You can only apply for a DPP if:

  • you live in Scotland (it doesn’t matter where your creditors are based);
  • you have more than one debt; and
  • you have some money to spare after paying your normal living expenses.

Who is DAS not for?

DAS is not for everyone. You cannot apply for a DPP if:

  • you are bankrupt or have signed a Trust Deed, or are subject to a bankruptcy restriction order or undertaking;
  • you are paying debts under a conjoined arrestment order (with one exception); or
  • you have no money to spare after you have paid your normal living expenses.

How does DAS work?

If you think that DAS might help you, see a money adviser. All money advisers should be able to help you decide whether a DPP is the best option, though only DAS-approved money advisers can apply for a DPP for you.

Your money adviser will check how much money you can spare after you have paid your normal living expenses.

They will then try to set up the DPP with your creditors and apply to the DAS administrator (Accountant in Bankruptcy) for approval.

The DAS administrator (Accountant in Bankruptcy) is a civil servant in the Scottish Executive who oversees the whole scheme. Please note that DAS is not bankruptcy.

If the DPP is approved, it will be recorded on the public DAS register. You will make a single lump sum to a payments distributor, allocated by the DAS administrator, at agreed intervals (for example, weekly or monthly). The payments distributor will distribute this money to your creditors. This will carry on till you have paid off your debts in the DPP.

If your money situation changes, your money adviser can apply to the DAS administrator on your behalf to vary the DPP to take account of this. If you do not make payments or if you do not keep to any other agreement you made when signing the DPP application, your money adviser or any of your creditors can apply to have your DPP revoked by the DAS administrator.

Advantages of DAS

DAS offers a number of advantages:

  • It stops creditors making you bankrupt or taking other steps to enforce payment.
  • It protects your family home as long as you keep up any mortgage payments.
  • It stops interest and charges on your account (but these can be reapplied if the DAS is revoked).
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