The Debt Respite Scheme & Breathing Space Regulations
Type | Speaker | CPD Hours | Level |
---|---|---|---|
Webinar
|
0.50 | Intermediate |
Course Outline
Introduction
This webinar will discuss the implementation of the breathing space regulations which will provide legal protection from creditors in certain situations.
There are two different options available through the scheme:
A standard breathing space order which is available to anyone with problem debt and provides legal protection from creditor action for up to 60 days.
A mental health crisis breathing space order which is available to someone who is receiving mental health crisis treatment and provides protection throughout the person's mental health crisis treatment, plus 30 days.
Implementation of the policy will begin on 4 May 2021.
What You Will Learn
This webinar will cover the following:
- Introduction to the Breathing Space Regulations
- Conditions for eligibility for breathing space
- Application to unsecured lending
- Front-loaded interest accounts
- Application to secured lending
- Arrears
- Capitalised mortgage arrears
- Relationship between the Breathing Space Regulations and existing financial regulation
This webinar was recorded on 20th April 2021
New: Enjoy unlimited 24/7 access to over 1396 webinars with an MBL Annual Webinar Subscription. Email [email protected] for details..
Book now
Added to basket
Webinar | On Demand
Individual | 30mins
The Debt Respite Scheme & Breathing Space Regulations
CheckoutContinue Shopping
ON DEMAND | 30mins | Individual |