Level / Type of Debt Income Assets Required Intermediary
DSA Unsecured only No Max No Max Personal Insolvency Practitioner

What is a Debt Settlement Arrangement?

A Debt Settlement Arrangement (DSA) is an insolvency solution for people who have unsecured debts - credit cards, loans, overdrafts etc. For mortgage-related debt please see Personal Insolvency Arrangement.

A Debt Settlement Arrangement is a formal agreement with creditors that allows for some write off of debt. With this solution a person agrees to pay a percentage of their overall debt over a specified period of time.  At the end of that period of time they will be solvent.


Applying for a Debt Settlement Arrangement

In order to apply for a Debt Settlement Arrangement, a person should contact a Personal Insolvency Practitioner (PIP) - these are a network of qualified professional advisors regulated by the ISI to deal with Debt Settlement Arrangements and are experts in the area of debt advice.

Personal Insolvency Practitioners are located around the country - click here for contact details or call the ISI's Information Line on 01 764 4200 or free text ISI to 50015 for a callback from our information line.

More information on this solution can be found in the guides below.


Debt Settlement Arrangement guides

 Backontrack_DSA_cover_2022 Back on Track DSA Guide 2022 

Detailed Guide to DSA March 2016