Debt Arrangement Scheme - Annual Review Hub
As part of the Debt Payment Plan process, you are required to provide your Money Adviser with an update on your current income and expenditure on an annual basis.
This easy-to-use review hub, will speed up getting the information to us.
As requested, please submit your documents within 5 days from the date requested – you can let us know if it will take longer.
We need BOTH of the following types of documents:
Your last 3 wage slips
Bank statements covering the last 3 months
We have made this process easier than ever to do, simply follow the steps below to upload your documents and we will do the rest for you!
Following approval, it is possible that your circumstances may change whilst you are in your DPP, in which case the DPP may be varied to accommodate these changes. The steps involved include:
• Your Money Adviser will prepare an updated DPP proposal and present this to your creditors – the same 10% rule described above applies to a variation of a proposal and the DAS Administrator will apply a ‘fair and reasonable’ test, if required.
• If your proposed variation is not approved, then you have a right of appeal, however, you may need to look at other solutions such as a protected trust deed or bankruptcy.
If you experience financial difficulties during the period of your DPP, the following help is available to you:
• You could be granted a one-month payment break, to allow you to pay for an emergency expense – you can have 2 payment breaks in any 12-month rolling period.
• If you need a longer payment break as a result of, for example, illness or unemployment, or an unplanned increase in expenditure then this could be provided for a period of up to 6 months, this type of payment break can be applied for as many times as is required during your DPP provided you meet the necessary criteria.
That’s ok, simply upload your most recent wage slips and bank statements, we will review these and let you know if more are required.
Don’t worry, you can send them to us by WhatsApp, or just email us your evidence to [email protected],
Or send it in by post (we recommend using recorded delivery) to:
Harper McDermott,
The Reel House,
7 West Regent Street,
Glasgow,
G2 1RW.
If you are having difficulties uploading your documents, please feel free to call us on 0141 278 3989.