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DSA Case Examples

Real Case Scenarios of our Debt Settlement Arrangements

A DSA (Debt Settlement Arrangement) is a solution that allows you to reduce monthly payments if you are struggling with unsecured debts. It also allows any unaffordable debts to be legally written off.

Have a look at some of our DSA examples below. These are examples of real cases that we have put forward for some of our clients. If you need help with your debts, fill in the form and one of our advisors will contact you.

DSA Example 1

Our client in example 1 is a single person who was having difficulty repaying total debts of €70,000 on credit cards, loans etc... His monthly payments were amounting to €1,300 on these debts. In the DSA we were able to get his payments reduced to a more manageable amount of €530 per month.

On completion of his DSA:
the remaining €38,200 of his debts will be written off.

DSA Example 1


DSA Example 2

Our client is a single person who was having difficulty repaying total debts of €51,000 on credit cards, loans etc... Her monthly payments were amounting to €940 in total. In the DSA we were able to get her payments reduced to a more manageable amount of €254 per month.

On completion of her DSA:
the remaining €35,760 of their debts will be written off.

DSA Example 2


DSA Example 3

Our clients, a married couple were struggling to live on a joint income and could no longer afford the monthly payments of €2,500 to service their debts totalling €130,000. We were able to negotate a DSA (Debt Settlement Arrangement) with their creditors. In the DSA we managed to agree a lump sum settlement of the debt. They made a one off payment of €25,000 and the creditors agreed to write off the remaining debt.

On completion of their DSA:
the remaining €105,000 of their debts was written off.

DSA Example 3


DSA Example 4

Our client was in full time employment in a good job but was struggling with her debts which totalled approximately €130,000. Her monthly debt payments of €3,700 were very high and unmanageable. After analysing her situation, we were able to determine that she was suitable for a DSA. We managed to get her payments lowered to €612 per month for 60 months.

On completion of her DSA:
the remaining €163,280 of her debts will be written off.

DSA Example 4


DSA Example 5

Our clients, a couple with joint debts, one employed and the other unemployed, were struggling to manage the total repayments of €1,300 per month on their debts of €71,000.

They were able to do a Debt Settlement Arrangement (DSA). Their new debt repayments were reduced down to €205 per month. They will pay this new monthly payment for 60 months, after which their DSA will be complete.

On completion of their DSA:
€58,700 of their debts will be written off.

DSA Example 5


DSA Example 6

Our client, a retail worker with debts of €163,000 had fallen behind on her high payments of €3,000 per month to all of her creditors. She was at a loss of what to do. After finding us online she spoke with us and after some consideration, she decided to do a DSA. Her new debt repayments were reduced down to a manageable sum of €200 per month. After 5 years and at the end of the DSA she will be debt free.

On completion of the DSA:
€151,000 of her debts will be written off.

DSA Example 6


DSA Example 7

An accountant with unsecured debts of €240,000 couldn't afford to keep up with his repaymentsof €4,400 per month. He contacted us to discuss his financial situation and find out his options. He decided that a Debt Settlement Arrangement (DSA) was his best option for addressing his debts. We worked out his new debt repayments of €1,100 per month. After 5 years and at the end of the DSA he will be free of his debts.

On completion of the DSA:
€174,000 of his debts will be written off.

DSA Example 7


DSA Example 8

A married couple contacted us about their debts. They were both in full time employment, but had accrued a lot of unsecured debts (€240,000), which they could no longer afford to manage. They were struggling to meet total monthly repayments of €3,100.

After analysing their situation we were able to determine that they were suitable for a DSA. They were able to gain access to a lump sum amount of €12,000 which they used as a full and final settlement of their debts in the DSA.

On completion of the DSA:
The remaining €158,000 was written off.

DSA Example 8


DSA Example 9

Our client, a civil servant with debts totalling €115,000 was struggling with payments of €2,100 per month towards his debts. He spoke with us to see what options were available to help him with his situation. He opted for doing a DSA with us. His new debt repayments were reduced down to more affordable payments of €530 per month.

On completion of the DSA:
€83,200 of his debts will be written off.

DSA Example 9


DSA Example 10

Our client had run into difficulty with arrears on her mortgage which resulted in her selling the property at a loss. She was left with a shortfall of debt of the sum of €107,000. The Bank wanted her to pay €600 for 20 years which she didn't agree to because she couldn't afford it.

We arranged a DSA for her where she offered a lump sum as a full and final offer of settlement of the debt. Her arrangement was accepted and she was debt free again within 6 months. She was fortunate to gain access to a lump sum, but she could also have paid €350 over 60 months in a DSA also.

On completion of the DSA:
€87,000 of her debts was written off.

DSA Example 10


DSA Example 11

Our client is a single person who was having difficulty repaying total debts of €33,500 on credit cards, loans etc... They were unable to meet the monthly payments on these debts of €620 per month.

In the DSA we were able to get their payments reduced to a more manageable amount of €265 per month for 60 months which means that €15,900 will be repaid in the DSA.

On completion of her DSA:
the remaining €17,600 of their debts will be written off.

DSA Example 11


DSA Example 12

Due to circumstance beyond his control, our client could no longer afford his payments of €1,150 per month on debts totalling €63,750.

We were able to get the payments reduced to €475 per month in a formal debt solution called a Debt Settlement Arrangement (DSA). When his DSA is finished, he will be able to start over debt free. Any remaining debts will be cleared.

On completion of his DSA:
the remaining €35,250 of his debts will be written off.

DSA Example 12


DSA Example 13

Our client could no longer afford his payments of €1,050 per month on debts totalling €58,500.

We were able to get the payments reduced to €375 per month in a DSA. He will make these payments for 60 months, repaying €22,500 in total towards his debts.

On completion of his DSA:
the remaining €36,000 of his debts will be written off.

DSA Example 13


DSA Example 14

Our client could no longer afford her debt repayments of €610 per month on debts of on €32,861.

We were able to get the payments reduced to €234 per month in a DSA. She will make these payments for 60 months, repaying €14,040 in total towards her debts.

On completion of her DSA:
€18,821 of her debts will be written off.

DSA Example 14


DSA Example 15

Our clients were struggling with debt repayments of €525 per month on €31,489 of joint debts. We were able to get their repayments reduced to €208 per month in a DSA. After 60 months they will have repaid €12,480 towards the debts.

On completion of their DSA:
€19,009 of their debts will be written off.

DSA Example 15


DSA Example 16

Our client was unable to pay his monthly debt repayments of €535 per month on €31,511 of debts. We were able to get his repayments reduced to €200 per month in a DSA. After 60 months he will have repaid €12,000 towards the debts.

On completion of the DSA:
€19,511 of his debt will be written off.

DSA Example 16


DSA Example 17

Our client was struggling with debt repayments of €550 per month, on debts totalling €29,637. We were able to get her repayments reduced to €250 per month in a DSA.

After 60 months any remaining debts will be written off. This means she will repay €15,000 towards her debts.

On completion of the DSA:
the remaining €14,637 of her debts will be written off by her creditors.

DSA Example 17


DSA Example 18

Our clients were struggling with repayments of €1,460 per month on joint debts of €79,000. We were able to get their repayments reduced to €460 per month in a Debt Settlement Arrangement (DSA). The solution lasts for 60 months and after this any remaining debts will be written off. This means they will repay €27,600

On completion of the DSA:
the other €51,400 is written off by their creditors.

DSA Example 18


DSA Example 19

Our client was struggling with repayments of €1,440 per month, on debts of €78,000. We were able to get her repayments reduced to €546 per month in a DSA. Her DSA lasts for 60 months and after this any remaining debts will be written off.

This means she repays €32,760 and the other €45,240 is written off by her creditors.

DSA Example 19

Get information on a DSA

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