DSA – Debt Settlement Arrangement

Debt Settlement Arrangement (DSA)

This option is designed to help distressed debtors with unlimited unsecured debts. These include bank personal loans, credit card debts and credit union loans. In this scenario, we negotiate a DSA for our clients that involves them agreeing to a repayment plan for a five year period.

If their circumstances change for the worse, we can help negotiate a variation, which might reduce the previously agreed repayment. If this happens the term can be extended for another year, up to a maximum term of six years. When the debtor has completed the five or six-year term, the balance of the unsecured debts are written off.

If our client agrees to a DSA they will be given an allowance based on their family formation. These allowance (Reasonable Living Expenses) are pre-set by the Insolvency Service of Ireland. This gives debtors peace of mind, as it allows them to maintain a minimum standard of living for themselves and their families while they work through their debt problems.

Applications for DSAs can only be made on behalf of a distressed debtor by a registered and qualified Personal Insolvency Practitioner (PIP), such as a Negotiators staff member. The fee is taken from the funds made available to pay creditors.

Please note: Secured debts – such as mortgages – cannot be included in a DSA. This is covered by a Personal Insolvency Arrangement (PIA).

Debt Management

This is for borrowers who need help organising their finances. Get your expenses under control, manage your budget more effectively and take the stress out of monthly debt repayments.

Personal Insolvency Arrangement (PIA)

This is for distressed debtors who need help with secured debts, such as mortgages, plus unlimited unsecured debts. We negotiate a PIA for our clients that involves a repayment plan, followed by a debt write-off.


This is the final insolvency option available and is for distressed debtors where total debts exceed total assets by more than €20,000. We apply for a bankruptcy order on behalf of our clients through one of our Personal Insolvency Practitioners (PIP).

Are you ready to be debt free?

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