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Breathing Space and Statutory Debt Repayment Plans

Free webinar

Webinar dates

25 Feb 2021

Duration

1 hour

Format

Webinar

Price

Webinar: Breathing Space and the Statutory Debt Repayment Plan

25 February 12pm: For Local Authority revenues and recovery teams.

Duration: 45 minute overview

About this webinar:

The implementation of the new Debt Respite Scheme (Breathing Space and a Statutory Debt Repayment Plan) is being introduced in May and will affect Local Authority debt such as Council Tax as well as other 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 fast paced webinar, we'll run through these new legal protections while focusing on the main impacts, to help you prepare for May 2021. There will be an open forum at the end enabling you to share ideas and ask questions.

If you're looking for more in depth training on these topics, we are running half-day training seminars.

What is the Debt Respite Scheme?

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.

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.

Agenda:

  • Overview, impact and policy intention
  • Breathing Space: Eligibility and protections
  • A Mental Health Crisis Breathing Space
  • Statutory Debt Repayment plan: Eligibility and protections
  • Debt Relief Orders: Proposed changes
  • The role of stakeholders, including the Insolvency Service
  • Preparing for May 2021 - practical tips and guidance
  • Open forum and questions

Pricing:

Register while its free!

Who should attend?

These webinars are for

  • Local Authority Revenues and collection Teams
  • Registered Housing Providers
  • Private landlords
  • Or anyone involved in the recovery of debt.

Feedback from the first webinar

Thanks for a very informative webinar and great presentation!

The content and the timings were perfect to be able to take in all the changes. Thoroughly enjoyed the seminar. Thank you!

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