DAS

Write Off Up To 80% Of Your Debts

  • Stop & Remove Wage Arrestments
  • 1 Low Affordable Monthly Payment
  • Freeze Interest, Stop Charges
  • Protect Your Home & Car
  • Government Legislation
Check If you Qualify

Permission for Positive Debt Solutions to contact me by:

* Subject to creditor acceptance * Payment subject to individual circumstances * Credit rating may be affected * Fees apply, subject to individual's circumstances. *This is for TD's/ IVA's

Debt Arrangement Scheme

  • It prevents your creditors from formal legal action against you
  • A qualified Money Advisor deals with your creditors, relieving you of the hassle and stress
  • Interest, fees. Penalties and all other charges are frozen from the date you apply for a DAS and are written off completely your DAS is completed
  • Your home will not be affected by the DAS as you would just continue making your regular mortgage/rental payments
  • Sole traders can include business debts in the DAS as long as certain conditions are met
  • Your Monthly payment is calculated on what is affordable to you
  • We know that people’s circumstances and income can change and would work with you if needed to revise monthly payments or grant payment holidays of up to 6 months

DAS is not insolvency. Instead, it is the only statutory debt management plan in the UK. It gives someone in debt much-needed breathing space and allows them to repay their debts in full through a debt payment programme over an extended period of time. If you have spoken to a DAS-approved money adviser and they say DAS is right for you, when your DAS is approved, all interest, fees and charges are frozen and you are given protection from the threat of any legal action from your creditors over your debt.

Considerations

  • Your DAS will last until your debts are paid in full.
  • A DAS application can only be made through a qualified debt advisor.
  • Your credit rating could be affected if you enter a DAS could impact you taking out credit in the future.