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24 June, 2021

Total council tax arrears across local authorities in England stood at £4.4 billion as at March 2021

Responding to new MHCLG statistics, Money Advice Trust calls for reform of council tax collection rules and for more to be done to prevent people falling behind in the first place

18 June, 2021 Open access

Proposals to extend Covid-19 eviction and bankruptcy protections to be debated in the Scottish Parliament next week

Subject to the agreement of Parliament, measures will be extended by 6 months to 31 March 2022

9 June, 2021

Increases in prescribed monetary limits that need to be met in order for an individual to be able to apply for a Debt Relief Order

New legislation also increases value of domestic motor vehicle that must be excluded from valuation of Debt Relief Order applicant's property

2 June, 2021

Money and Pensions Service launches new ‘MaPS Standards’

Standards set out core principles for the effective delivery, quality and performance requirements of functions carried out by the Service and its partners

2 June, 2021

18 May, 2021

Removing discounts and exemptions applied to court fees for civil money and possession claims that are issued online

New statutory instrument introduces fee increases estimated to be worth up to £16 million in 2021/2022, and up to £25 million from 2022/2023 onwards

17 May, 2021

FCA consultation on a new consumer duty in retail finance markets is a ‘vital opportunity’ to improve outcomes for customers

Proposals must lead to practical improvements and ensure that everyone can access products and services that are safe and meet their needs, says Money Advice Trust

12 May, 2021

Money and Pensions Service launches pilot to join up mental health practitioners with debt advice services

New service in England provides single online point of entry for practitioners to refer patients to debt advisers where a Mental Health Crisis Breathing Space is needed

10 May, 2021

Insolvency Service confirms changes to Debt Relief Order eligibility limits

Consultation response confirms that total debt level will be increased to £30,000 and value of disposable assets retained by debtor will double to £2,000

4 May, 2021

Insolvency Service launches updated guidance for money advisers in relation to the Breathing Space Scheme

New scheme, which launches today, will help around 700,000 people in its first year, according to government estimates

30 April, 2021

Bill that introduces powers relating to Statutory Debt Repayment Plans receives Royal Assent

Amendments to regulation-making provisions by the Financial Services Act 2021 include powers to protect debtors from paying more than their plan permits, and for the inclusion of government debts in the plan

29 April, 2021

Insolvency Service issues new individual voluntary arrangement protocol

Voluntary agreement provides an agreed standard framework to facilitate the efficient processing and administration of consumer IVAs

27 April, 2021

12 April, 2021 Open access

StepChange calls on government to put measures in place to support those experiencing ‘financial long Covid’

As temporary support schemes are withdrawn, debt charity highlights that millions are still struggling and that the 'long tail of debt problems shows little sign of abating'

1 April, 2021 Open access

Temporary Insolvency Practice Direction issued to extend period over which court processes are adapted to assist court users during the continuing Covid-19 pandemic

New Direction applies to all insolvency proceedings throughout the Business and Property Courts from 1 April 2021 to 30 June 2021

29 March, 2021 Open access

Debt ‘roadmap’ urgently needed for the 1 in 3 adults financially worse off as a direct result of Covid-19

Money Advice Trust calls for action as polling also finds that more than 6 million people have had to use credit to pay for essential costs such as groceries, utility bills, and council tax

29 March, 2021

22 March, 2021

19 March, 2021

Money and Pensions Service to launch ‘holistic new consumer brand’ later in 2021

'MoneyHelper' will replace legacy brands of the Money Advice Service, The Pensions Advisory Service and Pension Wise.