The Debt Arrangement Scheme
The Debt Arrangement Scheme or DAS is a popular method of dealing with unmanageable personal debts open to residents of Scotland.
Included in the Debt Arrangement Scheme is the provision of financial and specific debt advice as well as an additional period of time to repay your debts. The DAS differs from a debt management plan as it provides debtors and their homes with additional legal protection against unsecured creditors. This will ensure that unsecured creditors are unable to commence legal recovery action against you. The Debt Arrangement Scheme also freezes the interest on debts so it cannot increase further.
If you are struggling to repay your debts then a DAS may be the right solution for you. For further information and advice please visit UK Trust Deed
a website operated by one of our Group companies, Philip Gill & Co (Scotland) Limited
, and designed to provide consumers with detailed advice on individual debt solutions.