3 March, 2015
27 February, 2015
New regulations issued that, in the main, make minor corrections and improvements to the Bankruptcy (Scotland) Regulations 2014, the Bankruptcy (Applications and Decisions) (Scotland) Regulations 2014, and the Bankruptcy Fees (Scotland) Regulations 2014.
27 February, 2015
New regulations issued in relation to the duty on water companies to provide assistance to metered households on low incomes who may struggle to afford their water bills.
27 February, 2015
New regulations issued that provide for relaxation of the record keeping requirements for insolvency practitioners.
27 February, 2015
In a recent survey of the charity's clients, 47 per cent of respondents said they had visited their GP as a result of mental or physical health problems caused by their debts, and a further 6 per cent had visited hospital and 5 per cent had visited Accident and Emergency.
Source: http://www.stepchange.org/Mediacentre/Pressreleases/Healthservicesstrain.aspx
25 February, 2015
According to new report, 85 per cent of advisers surveyed say that clients being chased for payments despite the debts being listed in the Debt Relief Order.
24 February, 2015
23 February, 2015
New research reveals that some vulnerable consumers seeking help from financial providers are meeting ‘a computer says no’ approach, putting them at risk of further detriment.
20 February, 2015
Passing of Bill means that any liability to pay community charge arrears ended on February 1 2015, and surcharges, civil penalties and fees, and other financial outlays for community charge debt enforcement action also cease to be collectable.
16 February, 2015
Today’s findings from report 'Consumer Challenges 2015', due out tomorrow, which highlights that since 2012/2013 a growing proportion of people have been seeking help with rent, council tax, water and fuel debts whilst the proportion of debt issues around credit cards, mortgages and unsecured personal loans has declined.
13 February, 2015
Commenting on a new report from the Housing Repossession Taskforce, Minister says: 'Managing a crisis when a household reaches the cliff edge of repossession is complicated, expensive and distressing, and is unfortunately all too common in Northern Ireland.'
13 February, 2015
Politics.co.uk reports that 'thanks to a tweak of the law back in 2012, the Treasury ensured all fine income above enforcement costs are now fast-tracked into its current account at the Bank of England'.
11 February, 2015
Citizens Advice Chief Executive Gillian Guy calls for the Competition and Market Authority to take a close look at how energy firms have cut prices this winter, and assess whether the industry is behaving competitively and offering people a good deal.
9 February, 2015
New regulations provide for a minor technical amendment to make the drafting of article 4(1)(b) of the Bankruptcy and Debt Advice (Scotland) Act 2014 (Commencement No. 2, Savings and Transitionals) Order 2014 on debtor applications for sequestration consistent with article 4(1)(a) on creditor petitions, to avoid any doubt that a different effect was intended.
30 January, 2015
Bill, which will end the collection of poll tax debts in Scotland, approved in principle but has two further stages of scrutiny before becoming law.
29 January, 2015
New statistics from the Insolvency Service also show that the number of bankruptcies in 2014 was 17.3 per cent lower than in 2013, but that the number of individual voluntary arrangements increased by 6.8 per cent over the same period.
28 January, 2015
New Scottish insolvency statistics for the third quarter of 2014-2015 include that there were a total of 2,633 personal insolvencies, 12 per cent lower than the previous quarter and 21.3 per cent lower than the same quarter a year ago, continuing a long term decline since 2008-2009.
16 January, 2015
New regulations that increase the maximum amount of debt to £20,000, and the maximum total value of property to £1,000, which a person may have in order to be eligible for a debt relief order.
16 January, 2015
Insolvency service also announces that the Debt Relief Order limit will be raised to £20,000 and that the changes will take effect from October 2015.
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