Application for a Debt Payment Programme
Once a DPP has been applied for, and it includes the debt craved for in the application, a creditor cannot serve a petition for sequestration for six weeks after the client’s intimation to apply has been entered in the DAS register. Once approved, the petition is halted and if the client defaults on the DPP and it is revoked, the creditor can restart the proceedings.
1Reg 30 DAS(S) RegsIf the DPP application is rejected, there are a further 14 days for applying for a review and then another 28 days for the review to be considered.
When a DPP is awarded, it is not competent to petition for a client’s sequestration.
2s4(3) DAA(S)A 2002