Written question asked by Lord Field of Birkenhead (Labour) on Monday, 25 January 2016, in the House of Commons. It was due for an answer on Thursday, 28 January 2016 (named day). It was answered by Harriett Baldwin (Conservative) on Thursday, 28 January 2016 on behalf of the Treasury.
Debt Collection
- Question
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To ask Mr Chancellor of the Exchequer, by when he expects to publish the outcome of HM Treasury's consultation on the recommendation made in the review by Christine Farnish of the Money Advice Service, published in March 2015, for a breathing space mechanism to protect vulnerable customers making debt repayments.
- Answer
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The Government is committed to exploring whether some form of “breathing space” would be a useful and viable addition to the range of formal and informal debt solutions available to consumers and creditors. Officials in HM Treasury and the Insolvency Service have been asked to discuss this issue with stakeholders with a view to identifying possible options and have begun work on this review.
Secondary information
- Type
- Written question
- Reference
- 24043
- Session
- 2015-16
- Subjects
- Consumers Debts Debt collection Protection Repayments
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2016-07-05 19:14:08 +0100
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/commons/2015-16/24043
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