How does DAS work?
If you're worried about debt, the first thing to do is see a money adviser.
Find one near you in our searchable map of Money Advice Agencies. Their advice is often free, but some money advisers may charge you for their service. You should check this with your chosen money adviser prior to entering into any agreement.
The money adviser will help you handle your debt problem and suggest the different paths available for dealing with your debt. DAS will be one of the options.
In considering all the options available, you and your money adviser will work out whether you are suitable for the Debt Arrangement Scheme (DAS).
If you are suitable for DAS, your money adviser will suggest a DAS approved money adviser you can speak to or will help you arrange for a DAS approved money adviser to apply for a debt payment programme (DPP) on your behalf.
Under DAS, a single regular payment is made to an approved payments distributor. If you keep to the agreed payments, your creditors cannot carry out enforcement action against you.
Likewise, creditors are unable to take enforcement action against you, if you have intimated an intention to apply for a debt payment programme or have an application awaiting approval for more information, click here
DAS also freezes interest, fees and charges on your debt, from the date your DAS approved payment plan is approved.
Once you are on DAS, there are five parties involved: the debtor, the creditor, the DAS approved money adviser, the DAS administrator and the payments distributor.
