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By Tipping
#28106
I'm already on a debt arrangement scheme but I still struggle to meet the amount every month, I believe I would be better off on a trust deed as I've already been offered to be placed on a trust deed and pay half of what I'm paying just now through the DAS.

I've heard that I am legally bound in the DAS so does this mean I won't be able to get a trust deed?

Please advise
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By Hayden
#28112
Hello Tipping and welcome to the forum.

I do not think you are bound to a DAS if you do not want to stay in it. If you can move to a Trust Deed this may give you a significant benefit as you will probably only have to make payments towards your debt for three years compared to having to pay everything if you stay in the DAS.