People sometimes worry that they will be chased for payments after their DAS has been approved (or their Trust Deed has been Protected).
However, once you enter into a debt solution, your creditors will be required to direct any contact to your Money Adviser, or Trustee, rather than to you personally.
Both the Debt Arrangement Scheme and a Protected Trust Deed use formal legislation, meaning your creditors are legally bound not to contact you for any payments, as the payments for your debt will now come from your chosen debt solution.
If in the rare instance that you are in an approved, formal debt solution and a creditor who is included in this agreement makes contact with you, you would refuse to engage in any conversation with them and simply refer them to your Money Adviser (or Trustee).
Don’t worry about this, your Money Adviser (or Trustee) will reiterate the terms of the debt solution to the people you owe money to, at any given time.
It’s not uncommon for debts to be sold on to other debt-purchasing companies e.g. Lowells, and the new lender may write to you to inform you of this process.
On any such occasion, it is merely for informational purposes only and your Money Adviser (or Trustee) will deal with this transfer on your behalf.
All you need to focus on is repaying your agreed contribution as normal. A Scottish Debt Expert will be able to help you choose the best-fitting Scottish debt solution for your needs and part of the process will involve analysing your creditors and personalising your advice depending on whatever information is known about the people you owe money to.