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What if I finish repaying my instalments before the end of my Debt Repayment Plan (“DRP”) as a debtor on Debt Repayment Scheme (“DRS”)?

Updated by MLAW

If a debtor is able to make full payment before the end of his DRP, his DRS records will be removed upon making his full repayment and receiving his Certificate of Completion from the Official Assignee.

Topics:

Insolvency OfficeDebt Repayment Scheme

Related questions

What is a Certificate of Completion for Debt Repayment Scheme (“DRS”)?

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Do I have to repay my creditors before commencing the Debt Repayment Scheme ("DRS")?

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How and when will the Debt Repayment Scheme (“DRS”) cease?

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Can creditors still take action against the debtor after the commencement of the Debt Repayment Plan ("DRP")?

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