What happens if I do not adhere to the Debt Payment Program?

What happens if I do not adhere to the Debt Payment Program?

If you fail to make the required payments, the Debt Payment Program may be revoked, leaving you exposed to the legal action of creditors who may backdate interest charges and fees. A change in circumstances should be reported to your DAS Approved Advisor straight away. There is inherent flexibility in the scheme should your income lower significantly or you lose your job, for example. You may be able to take a payment break of up to six months if you meet the required criteria.