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Written question asked by Stella Creasy (Labour) on Thursday, 5 September 2019, in the House of Commons. It was due for an answer on Tuesday, 10 September 2019 (named day). It was answered by John Glen (Conservative) on Friday, 27 September 2019 on behalf of the Treasury.


Debts: Repayments

Question

To ask the Chancellor of the Exchequer, when he plans to (a) implement the Statutory Debt Repayment Plan and (b) bring forward legislative proposals to compel all creditors that will benefit from Statutory Debt Repayment Plan to contribute towards funding it.

Answer

The breathing space scheme, including administration of Statutory Debt Repayment Plans (SDRPs), will be funded from a share of the money paid to all creditors who benefit from repayments through SDRPs. The government intends to implement the breathing space in early 2021 and the SDRP to a longer timetable.


Secondary information

Type
Written question
Reference
287540
Session
2017-19
Subjects
Debts Credit Finance Repayments
Link
View this Written question on www.parliament.uk