The Scottish Government has recognised that the DAS model has been successful in tackling consumer debt and has a role to play in addressing business debt.
As such, the new introduction of the Business DAS now provides a formally recognised debt support tool for a sector which is paramount to the economy and local community.
The Business DAS not only allows small businesses to survive, it also ensures that creditors are paid which can only be good for the economy.
The success of the Business DAS rests on the commitment of the debtors to work with Insolvency Practioners to demonstrate the continued viability of the business throughout the duration of the case.
SPECIALISTS IN DEBT ARRANGEMENT SCHEMES