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  • SOLUTIONS
    • Personal Insolvency Arrangement
    • Debt Settlement Arrangement
    • Re-structure by agreement
    • Mortgage to Rent
    • Trade down
    • Surrender the property
  • About us
  • Data Protection Policy
  • Contact
  • Request A Call Back
  • Home
  • SOLUTIONS
    • Personal Insolvency Arrangement
    • Debt Settlement Arrangement
    • Re-structure by agreement
    • Mortgage to Rent
    • Trade down
    • Surrender the property
  • About us
  • Data Protection Policy
  • Contact
  • Request A Call Back

Debt Settlement Arrangement

  • Home
  • Debt Settlement Arrangement

A Debt Settlement Arrangement (DSA) will provide for the agreed settlement of unsecured debt with one or more creditors over a period of 5 years, with a possible agreed extension to 6 years.

You may apply for a DSA if the level of your income, assets and debts would make you ineligible for a Debt Relief Notice. You must be able to make some repayments to your creditors in return for a discount of your debts.

The DSA will be a voluntary arrangement and it will have to get the support of creditors representing at least 65% of your total debt. You must process your application through a Personal Insolvency Practitioner (PIP).

This is a professional who will have been approved and registered by the Insolvency Service of Ireland to operate DSAs and Personal Insolvency Arrangements. When the agreed period ends, and if your DSA has operated successfully, you will be discharged from the debts that it covered.

Debtsolv is a wholly Irish owned company which specialises in helping people re-structure their debts so that loan repayments are manageable based on their current income and prospects.

Contact Details – Dublin Office

Carrick House, 49 Fitzwilliam Square, Dublin 2
1890 917 621
info@debtsolv.ie

Contact Details – Dundalk Office

Thomas Street, Dundalk, Co Louth
1890 917 621
info@debtsolv.ie

Regulatory statement

AJP Consultancy Limited t/a Debtsolv is regulated by the Central Bank of Ireland

Copyright Debtsolv 2018. All rights reserved.

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