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Scottish debt arrangement scheme
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headinhands
Posts: 1 Newbie
in IVA & DRO
as described on moneyscotland gov uk
clear debt 10 years, interest frozen
Does any-one have any further information about this or personal experience of it?
clear debt 10 years, interest frozen
Does any-one have any further information about this or personal experience of it?
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Comments
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Have a look at the Accountant in Bankruptcy website. They explain how it works on there. Also if you get one of the council money advisors to arrange it for you, they don't take a fee like some of the independant money advisors.
Good Luck0 -
There's no hard and fast rule about a time limit. My DHs DAS is 13 yrs long, we're a year into it. It was based more on what was affordable to pay rather than a fixed term of payment.
I'm happy if you want to PM me for any further info.
Check for a local adviser here http://www.moneyscotland.gov.uk/das/das_display.jsp?pContentID=173&p_applic=CCC&p_service=Content.show&Don't try to keep up with the Joneses - Drag them down to your level - it's cheaper .
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