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1 February, 2013

Individual insolvencies in 2012 down by 8.7 per cent from 2011

New Insolvency Service statistics also show that debt relief orders up on previous year by 7 per cent.

29 January, 2013

49 per cent of individuals consider financial debt to be a burden

Office for National Statistics figures show that between 2006/2008 and 2008/2010 the percentage of individuals considering their financial debt a burden increased by 1.9 per cent.

29 January, 2013

Money Advice Service on target to fund a 50 per cent year-on-year increase in free debt advice

Charity publishes independent evaluation of debt advice that shows that debt advice providers are delivering benefits to clients while increasing the number of people they help.

28 January, 2013

Lack of sanctions leaves ‘open door for abuse of power’ by bailiffs, say Citizens Advice

Charity calls on government to introduce 'license to enforce' in light of 38 per cent increase in problems with bailiffs being presented to bureaux.

25 January, 2013

Reaction to bailiff industry changes

Leading organisations issue responses to announcement of government's new rules for bailiffs.

25 January, 2013

Calls for help with council tax debts have increased by 40 per cent in last five years

Money Advice Trust estimates that this rise is partly down to the increasing use of bailiffs to collect debts owed to local authorities.

25 January, 2013

Vulnerable people to be protected from aggressive bailiffs

Government announces that bailiffs will be banned from entering homes when only children are present and at night and new safeguards will prevent them from using force against people who owe money.

24 January, 2013

Tackling fuel poverty in Scotland

The energy sector and the UK Government must take immediate action to help Scots facing the hardship of fuel poverty, says Housing and Welfare Minister Margaret Burgess.

24 January, 2013

UK households face debt interest payments of £189 a month on average

New report published by StepChange debt charity shows that interest takes up, on average, about 22 per cent of available funds after subtracting spending on essentials, such as food and transport, from the average after tax income.

23 January, 2013

Bank of Scotland Plc v Watson

[2013] EWCA Civ 6

23 January, 2013

Self-employed face highest debt burden, says StepChange Debt Charity

New Consumer Debt and Money Q3 report shows that self-employed people are struggling under a debt burden over four times greater than those in full or part-time employment.

17 January, 2013

Joint initiative helps those made redundant as a consequence of insolvency

R3, Jobcentre Plus and the Insolvency Service release report which shows that over 100,000 people have been helped by a public sector and private partnership designed to provide ‘early warning’ of pending redundancies.

17 January, 2013

Housing costs cause stress and depression for millions, says Shelter

Shelter publishes YouGov survey that shows that almost one in three adults, equivalent to 15 million people, say housing costs are causing stress and depression in their family.

9 January, 2013

Up to 59 per cent of a typical London family’s income is spent on rents, says Shelter

Private rents cost more than 50 per cent of a family's monthly earnings in 23 out of the capital's 33 boroughs, reports bbc.co.uk.

9 January, 2013

Repossession activity statistics

Department for Communities and Local Government publishes statistics that include information on mortgage arrears, repossessions, court actions and orders, and the Mortgage Rescue Scheme.

4 January, 2013

1.4 million Britons falling behind with rent or mortgage payments

Shelter research shows that the number of people struggling to pay their rent or mortgage each month has increased by 44 per cent over the past year, to 7.8 million people.

21 December, 2012

Regulation of consumer credit market not minimizing harm from unscrupulous trading practices

Office of Fair Trading has not had enough resource to regulate effectively or the right kinds of powers, says National Audit Office.

19 December, 2012

Money Advice Service consults on improving debt advice

12 week consultation launched on quality standards within the debt advice sector in the UK.

18 December, 2012

Bramston v Haut

[2012] EWCA Civ 1637