Threads / Consumer Credit Act Reform / Breathing space scheme: consultation on a policy proposal
Consultation Outcome Published 19 Jun 2019 HM Treasury ↗ View on GOV.UK

Breathing space scheme: consultation on a policy proposal

Seeking views on a detailed policy proposal for a breathing space and statutory debt repayment plan.

Opened 29 Oct 2018
Closed 30 Jan 2019
▤ Verbatim text from source document

This consultation sets out a detailed policy proposal for a breathing space and statutory debt repayment plan (‘the plan’). It covers three, broad topics:

  • eligibility criteria for entering breathing space and the plan
  • protections of breathing space and the plan
  • details of how the two policies would be administered, including funding of the scheme