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10 March, 2011

Provisions of the Bankruptcy and Diligence etc (Scotland) Act 2007

New Commencement Order that brings into force specified provisions of the 2007 Act, subject to transitional arrangements.

8 March, 2011

Future demand for debt advice from the free-to-client advice sector.

Demand for debt advice by the middle of next year will exceed that seen at the peak of the financial crisis, according to new Money Advice Trust research.

7 March, 2011

Council Tax and Non-Domestic Rating (Amendment) (Wales) Regulations 2011

New regulations in relation to the maximum amount a billing authority may recover in connection with applications for liability orders, and the costs connected with committal.

4 March, 2011

New Lending Code provides improved protection for borrowers

Money Advice Trust announces new provisions including more support for borrowers in financial difficulties.

4 March, 2011

Low incomes fuelling bankruptcy

Consumer Credit Counselling Service review reveals that three quarters of those recommended to declare bankruptcy earned less than the average wage.

4 March, 2011

Association of British Credit Unions delighted at announcement of £73m government fund

ABCUL Chief Executive also welcomes commitment to joint working between credit unions and the Post Office.

3 March, 2011

Citizens Advice is calling for a ban on cold calls offering credit or debt management services

Charity lodges 'super complaint' with OFT which also calls for a ban on up-front fees.

1 March, 2011

Bankruptcy Fees (Scotland) Amendment Regulations 2011

New regulations that amend the Bankruptcy Fees (Scotland) Regulations 1993 to prescribe certain amended fees payable to the Accountant in Bankruptcy.

28 February, 2011

New debt and poverty survey

Mind launches new survey to update their 2008 research relating to debt and poverty and the effect on people who experience mental distress.

24 February, 2011

Insolvency Act 1986 Amendment (Appointment of Receivers) (Scotland) Regulations 2011

New regulations that amend section 51 of the Insolvency Act 1986 to deal with an unintended consequence arising out of the EU Council Regulation on Insolvency Proceedings.

24 February, 2011

Debt Arrangement Scheme (Scotland) Regulations 2011

New regulations that provide a scheme for repayment of debts in Scotland and provide for procedure and forms in respect of a repayment arrangement under the scheme.

17 February, 2011

Stonham v Ramrattan & Anor

[2011] EWCA Civ 119

16 February, 2011

Consultation on reforms to the regulation of insolvency practitioners

The Insolvency Service launches consultation that responds to the report published by the OFT on the market for insolvency practitioners.

14 February, 2011

£27m Financial Inclusion Fund extended for further 12 months

Business Secretary calls on other funding streams, such as local authorities, to help provide 'whatever support they can' to keep services going.

11 February, 2011

Government still needs to do more to help homeowners struggling to pay their mortgage

Shelter responds to new Council of Mortgage Lenders statistics that show a fall in number of repossessions.

10 February, 2011

Government responds to figures that show 24 per cent fall in repossessions in 2010

Council of Mortgage Lenders also reports that the number of people in mortgage arrears has fallen by 13 per cent.

9 February, 2011

Future funding of independent debt advice

Ministers debate issue in Westminster Hall further to recent announcement that Financial Inclusion Fund to end.

4 February, 2011

Record number of people declared insolvent in England and Wales in 2010

New Insolvency Service statistics highlight almost 60,000 bankruptcies and more than 50,000 IVAs and 25,000 DROs last year.

4 February, 2011

Independent debt advice leads to better outcomes for creditors

New research suggests there is a business case for creditors to provide further funding for independent debt advice services.