Administration

Financial problems have a large influence on day-to-day life. It usually impedes normal functioning and increases stress. Seeking assistance often prevents the situation from becoming worse. Damsté advocaten - notarissen employs various experienced Wsnp administrators (administrators under the Debt Restructuring (Natural Persons) Act) [Wet schuldsanering natuurlijke personen (Wsnp)]. They are regularly appointed by the court. The department has recently been expanded with an experienced protective guardian. Both positions may seem similar at first glance, which may cause some confusion. However, there are a number of obvious differences between a Wsnp administrator and a protective guardian.

Protective guardian

A protective guardian has an executive role and is chosen by the person put under administration or their family members. Protective guardianship is intended for people who are not or no longer able to arrange their financial matters themselves. The person put under administration cannot take financial decisions without consulting the protective guardian in advance.
The job of the protective guardian is to represent the interests of the person put under administration. In principle, it has nothing to do with debts. The protective guardianship measure can continue indefinitely.

Wsnp administrator

A Wsnp administrator is the administrator in the Debt Restructuring (Natural Persons) Act. The Wsnp administrator has a supervising position and is appointed by the court. The person participating in a debt management scheme (i.e. the person subject to the Debt Restructuring (Natural Persons) Act) does not have a say in who is appointed Wsnp administrator. The Wsnp administrator (primarily) represents the interests of the creditors.
The Debt Restructuring (Natural Persons) Act is intended for people with problematic debts that have been admitted to the scheme by the court. The person participating in a debt management scheme can take financial decisions themselves. In principle, the Debt Restructuring (Natural Persons) Act applies for three years and is ended with a clean slate if the person participating in a debt management scheme has complied with all applicable obligations.

Damsté offers expertise in the area of the Debt Restructuring (Natural Persons) Act (Wsnp) and in the area of protective guardianship.