DAS administrator to apply for a variation

The DAS administrator may propose a variation in exceptional circumstances, with the client’s consent. This happens, for example, where creditors write off debt or refuse to accept funds, but do not apply for variations to remove the debts. This is purely an administrative function, and can only be done if the effect of the variation is to reduce the DPP term. The DAS administrator writes to the client advising of the intention to propose a variation, inviting them to contact the AiB or their debt adviser if they have any questions.