Property News · February 26, 2018

Could people in debt receive a year’s grace to get back on track?


A ‘breathing space’ of six weeks is being considered. But campaigners want to go much further The government has been called on to grant a “breathing space” of up to a year to people who are struggling under debt, so that they can get back on their feet and manage the money they owe.Debt campaigners want the Treasury to dramatically extend existing proposals for a six-week grace period in which debtors would be protected from enforcement proceedings and mounting interest charges. Continue reading…

Source : theguardian.com
Read more…Could people in debt receive a year’s grace to get back on track?

You may also like...