The Debt Arrangement Scheme (DAS) is not a formal insolvency procedure. The Debt Arrangement Scheme is a structured Debt Payment Programme (DPP) that helps people in Scotland pay off their unaffordable debts in a more affordable way.
The debts included in a DPP will not be written off like they are with other formal Scottish insolvency processes such as Protected Trust Deeds and Sequestration.
However, many of the advantages are shared including interest and charges being frozen, enabling more time for the individual to back their debts in a reasonable time.