What Is a Debt Arrangement Scheme? If you are struggling with debt and you happen to live in Scotland, one option which may be open to you is a Debt Arrangement Scheme, or DAS. You will often hear debt advisers refer to a “debt payment programme” (DPP) in association with a DAS. The two terms …
Why the Debt Arrangement Scheme?
Pay off your debts over a period of time that suits you.
The debt arrangement scheme means that the interest on your debt is frozen.
Protect Your Home
DAS protects your home against creditor action
Protect your Car
Once your DAS is agreed creditors cannot seize your car
Stop creditor contact
On agreement of a DAS, creditors should not contact you.
Formal Legal Contract
As a legal contract, overseen by the Accountant in Bankruptcy, you can rely on a DAS.
Tackling your debt problems can present a daunting prospect. Not only is debt a stressful situation, with creditors contacting you and threats of legal action to recover the money you owe, there are also a wide range of potential debt solutions, each with their own positives and negatives. Selecting …
Debt Arrangement Scheme – Scotland-wide Figures
live DAS cases
Total Value of debt in DAS cases
Total repaid through DAS
Overall DAS agreement rate