An Alternative to Bankruptcy
Debt Repayment Scheme (DRS) Support
Step-by-step help with the Debt Repayment Scheme — eligibility, documents, the Official Assignee interview, and the repayment plan itself.
Book Free ConsultationThe DRS lets you repay what you owe over up to five years without being made bankrupt. It is open to individuals with unsecured debts under S$150,000 and a steady income, and it carries far less stigma and fewer restrictions than bankruptcy.
The scheme is administered by the Official Assignee and the paperwork is unforgiving — an incomplete Statement of Affairs or an unrealistic repayment proposal can sink an otherwise good application. We assess your eligibility honestly, prepare the financial documents properly, and get you ready for the interview so nothing is a surprise.
What's included
- Eligibility assessment against the S$150,000 threshold
- Preparation of income, expense and creditor schedules
- A repayment proposal your budget can actually sustain
- Preparation for the Official Assignee interview
- Support through the plan once it is approved
Who this is for
- Your unsecured debts are under S$150,000
- You have a regular income and want to avoid bankruptcy
- You are not already an undischarged bankrupt
Not sure which applies to you?
That is exactly what the first consultation is for. It is free, and there is no obligation.