Credit, Collections & Insolvency News
Debt charities are calling for a fundamental overhaul of the personal insolvency system in England and Wales, warning that current debt remedies are no longer working for people in crisis or for creditors. In a new joint paper Citizens Advice and the Money Advice Trust, the charity that runs National Debtline, have set out a…
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The Government has published a summary of responses to a call for evidence to inform its review of the personal insolvency framework in England and Wales. The responses cover a review of the underlying purpose of the personal insolvency framework and where the balance should fall between providing debtors with a fresh start and providing…
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The Government has launched a call for evidence seeking stakeholders’ views and evidence on the personal insolvency framework and whether it serves the needs of debtors and creditors in the 21st century. The last fundamental review of personal insolvency was carried out 40 years ago. The government is seeking views and evidence on the overall purpose…
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