30 April 2021 9:30am to 1pm
10 May 2021 9:30am to 1pm
£95 plus VAT per delegate
Breathing Space and Statutory Debt Repayment Plan Seminar
About this seminar:
Already attended our webinar? This course will build on the knowledge you have already learned and explore the legislation and practical application in much more detail. Ideal for those involved with implementation and delivery.
The implementation of the new Debt Respite Scheme (Breathing Space and a Statutory Debt Repayment Plan) is being introduced in May and will affect the majority of creditors. It aims to give people in problem debt the opportunity to take control of their finances and put them on a sustainable footing.
In this half day course, we'll take an in depth look at this new legal protections including the practical issues to help you prepare. There will be an open forum at the end enabling you to share ideas and ask questions.
What is the Debt Respite Scheme?
The statutory debt repayment plan (SDRP) will enable someone in problem debt to enter a statutory agreement to repay their debts to a manageable timetable. Individuals, would receive legal protections from creditor action for the duration of their plan.
Breathing space will give someone in problem debt the right to new legal protections from creditor action while they receive debt advice. This includes the freezing of interest, fees and and enforcement action.
Overview, impact and policy intention
A standard Breathing Space
A Mental Health Crisis Breathing Space
Statutory Debt Repayment Plan
Dealing with a notification
Challenging a decision
The role of stakeholders, including the Insolvency Service
Preparing for May 2021 - practical tips and guidance
Open forum and questions
£95 plus VAT.
Who should attend?
Collection and debt recovery teams.
Anyone else involved in collecting debt or providing advice to debtors
The course will be interactive with an open forum to discuss the practical application and ask questions.
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