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.
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
Register while its free!
Who should attend?
These webinars are for
Local Authority Revenues and collection Teams
Registered Housing Providers
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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