2 May, 2014
1 May, 2014
New legislation designed to 'ensure that appropriate, proportionate, debt management and debt relief mechanisms are available to the people of Scotland which are fit for the 21st Century.'
24 April, 2014
However, new Institute for Fiscal Studies report concludes that government won't know true outcome for decades as it depends on what happens to graduate earnings over that period.
22 April, 2014
New report sets out strategy for ending 'poverty premium' experienced by substantial minority of people whose finances are affected by squeeze in income, tightening of credit and reduction in welfare payments.
17 April, 2014
Regulators and government have quite rightly put payday lending in the spotlight but it is important other forms of credit are also subject to a strong crack-down and toxic forms of lending aren’t allowed to flourish, says Citizens Advice Chief Executive.
4 April, 2014
From 6 April 2014, new laws also prevent bailiffs from entering homes when only children are present, and from taking household essentials such as cookers, fridges, or washing machines.
3 April, 2014
3 April, 2014
New regulations that makes rules to identify in which hearing centres of the new single County Court insolvency proceedings may be commenced, and to amend the Insolvency Rules 1986 to take account of the single County Court.
3 April, 2014
New regulations which set down which hearing centres of the new single County Court are included in the London Insolvency District for the purposes of insolvency jurisdiction.
2 April, 2014
New regulations that, amongst other measures, provide for a right of private redress for misleading or aggressive demands for payment (i.e. unfair debt collection).
2 April, 2014
New regulations that provide for amendments to the Civil Procedure Rules including in relation to the implementation of the Tribunals, Courts and Enforcement Act 2007 on bailiff and enforcement reform.
1 April, 2014
New research from the FSA also highlights that 9m people are in serious debt and 1.8m in denial.
31 March, 2014
Service was not in a healthy state and, whilst some worthy attempts have been made to reform it, the jury remains out on whether it should be retained in its current form, says Chair of the Treasury Select Committee.
31 March, 2014
Payday loan customers who are struggling to repay their loan are not having the interest rate frozen, aren’t warned about the cost of extending the loan and aren’t being told about free debt advice, despite promises from lenders to do so.
25 March, 2014
Encouraging signs that new approaches of Financial Conduct Authority and Prudential Regulation Authority are 'gaining traction', says NAO Head Amyas Morse.
24 March, 2014
New statistics reveal 11 per cent drop in debt cases raised in Scotland in the financial year 2012-2013, compared to 2011-2012.
24 March, 2014
Changes for payday lenders and debt management companies include mandatory affordability checks for payday borrowers and requirement to provide information to customers on how to get free debt advice.
24 March, 2014
BBC reports on change from estimate of 40 per cent six months ago, with economics consultancy London Economics warning that 'tipping point' - where costs of new system of increased fees will exceed those of old one - would be reached if 48.6 per cent of loans were not repaid.
21 March, 2014
New regulations that bring into force, with one limited exception, Part 3 of the 2007 Act, which provides for the replacement of various powers of enforcement by way of execution and distraint by a procedure known as taking control of goods, and for the abolition of distress for rent and its replacement by a power (to be known as commercial rent arrears recovery, or CRAR) to use the taking control of goods procedure.
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