Notes for Guidance - Creditors - Debt Arrangement Scheme

A DPP reaches its conclusion when:

• the client makes all their agreed payments
• the client makes a lump sum payment for the amount of all outstanding payments due
• all creditors agree in writing to complete the DPP prior to the planned end
• an offer of composition has been accepted by creditors

The payments distributor will write to notify you that the DPP has completed. 

The client cannot be held liable for any further payments towards debts included in the DPP, including any interest or charges which would have accrued after the date of application.

The client’s details will be removed from the DAS Register.

If you and all the other creditors still in the programme agree in writing to completion before the scheduled end of the programme, the DPP can be treated as if it has been completed. For example, if all the creditors agree to write-off the outstanding debt due to them or to accept a reduced lump sum amount in exchange for full and final settlement of the debt.