1-20 of 209 results for subject:Debts
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My Lords, I thank noble Lords for their valuable contributions to this select debate. In his wide-ranging speech, the noble Lord, Lord Haskel, mentioned the importance of social measures and, as usual, made a number of interesting suggestions, including the point he often rightly makes about the importance of digital....
My Lords, I thank noble Lords for their valuable contributions to this select debate. In his wide-ranging speech, the noble Lord, Lord Haskel, mentioned the importance of social measures and, as usual, made a number of interesting suggestions, including the point he often rightly makes about the importance of digital....
To ask Mr Chancellor of the Exchequer, what estimate his Department has made of the level of personal debt relating to car purchases in each of the last five years.
To ask Mr Chancellor of the Exchequer, what estimate his Department has made of the level of personal debt relating to car purchases in each of the last five years.
HM Treasury does not collect data on the level of personal debt relating to car purchases.
To ask the Attorney General, how much debt remains outstanding under confiscation orders obtained by the Crown Prosecution Service including interest; and what recent estimate he has made of how much of that debt is recoverable.
To ask the Attorney General, how much debt remains outstanding under confiscation orders obtained by the Crown Prosecution Service including interest; and what recent estimate he has made of how much of that debt is recoverable.
As of the 1 March 2017, the CPS is leading in the enforcement of 1062 confiscation orders and the outstanding debt, excluding interest is £553,938,410, which represents a fall of 7% over the course of the last 12 months. Of that debt, £145,935,292 (which represents 26% of the total amount) has been assessed as being recoverable. The amount of outstanding debt, including interest, is £682,535,112.
Domestic confiscation orders, once obtained, are enforced by Her Majesty’s Courts and Tribunals Service (HMCTS). The Crown Prosecution Service (CPS) assists in the enforcement process in situations where it can add value, such as by managing restraint orders, seeking the appointment of enforcement receivers and, in relation to assets held overseas, seeking assistance from other jurisdictions. When the CPS can no longer add value to the enforcement of a confiscation order, the responsibility for enforcement reverts to HMCTS and the CPS no longer monitors its progress.
The CPS only retains data on those orders in which it assists in the enforcement process. The latest data relates to March 2017.
To ask Mr Chancellor of the Exchequer, what assessment he has made of the Debt Arrangement Scheme in Scotland; and if he will make a statement.
To ask Mr Chancellor of the Exchequer, what assessment he has made of the Debt Arrangement Scheme in Scotland; and if he will make a statement.
In its response to the Independent Review of the Money Advice Service (March 2015), the coalition government agreed to review the legal framework for debt administration, and to consider the impacts of additional statutory protections for consumers.
As I said in Parliament on 29 March, the government is looking carefully at a breathing space scheme for England and Wales, and fully supports the principles of better debt management and lower levels of problem debt. However, any new spending proposals must be considered carefully. The government will continue to look into the options for a breathing space scheme.
To ask the Secretary of State for Justice, how much debt including interest remains outstanding under confiscation orders obtained where HM Courts and Tribunals Service has the lead enforcement role; and what recent estimate she has made of how much of that debt is recoverable.
To ask the Secretary of State for Justice, how much debt including interest remains outstanding under confiscation orders obtained where HM Courts and Tribunals Service has the lead enforcement role; and what recent estimate she has made of how much of that debt is recoverable.
To ask the Secretary of State for Justice, how many people owe funds in criminal courts charge impositions; and what the total amount of outstanding debt is owed in criminal courts charges.
To ask the Secretary of State for Justice, how many people owe funds in criminal courts charge impositions; and what the total amount of outstanding debt is owed in criminal courts charges.
It is not possible to identify how many people still owe criminal courts charge without incurring disproportionate costs.
The total value of outstanding criminal courts charge, as at end of December 2016, is £41,693,405.
To ask Her Majesty’s Government how they will ensure that credit card companies give more help to those with debt problems following the introduction of new rules by the Financial Conduct Authority.
To ask Her Majesty’s Government how they will ensure that credit card companies give more help to those with debt problems following the introduction of new rules by the Financial Conduct Authority.
This question has been passed on to the Financial Conduct Authority (FCA). The FCA will reply to directly to the noble Baroness by letter. A copy of the letter will be placed in the Library of the House.
My Lords, I declare a previous interest in that some time ago I worked in what is now Edinburgh Napier University. My wife is a governor of a university in London and I have two children, believe it or not, currently studying at British universities and one who graduated two...
My Lords, I declare a previous interest in that some time ago I worked in what is now Edinburgh Napier University. My wife is a governor of a university in London and I have two children, believe it or not, currently studying at British universities and one who graduated two...
My Lords, we on these Benches support the case put so eloquently by the noble Lord, Lord Stevenson, and we much regret that he is stepping down from his Front-Bench role. We seem to have had to work together a lot in recent days, and it has always been a...
My Lords, we on these Benches support the case put so eloquently by the noble Lord, Lord Stevenson, and we much regret that he is stepping down from his Front-Bench role. We seem to have had to work together a lot in recent days, and it has always been a...
My Lords, I declare my interests as a visiting professor at King’s College London, an adviser to 2U and an honorary fellow of Nuffield College, Oxford. I am discovering that this debate is a kind of valedictory for the noble Lord, Lord Stevenson. I would like to say how much...
My Lords, I declare my interests as a visiting professor at King’s College London, an adviser to 2U and an honorary fellow of Nuffield College, Oxford. I am discovering that this debate is a kind of valedictory for the noble Lord, Lord Stevenson. I would like to say how much...
My Lords, I particularly support the final part of the Motion to Regret of the noble Lord, Lord Stevenson. I add my voice to that of other Peers to say how much we have benefited, especially during the passage of the higher education Bill, from the contributions that he has...
My Lords, I particularly support the final part of the Motion to Regret of the noble Lord, Lord Stevenson. I add my voice to that of other Peers to say how much we have benefited, especially during the passage of the higher education Bill, from the contributions that he has...
My Lords, I start by thanking the noble Lord, Lord Stevenson, for tabling this Motion. Before I respond, I shall, if I may, take the opportunity to say a few words about the noble Lord. The House now knows from remarks he made towards the end of Third Reading of...
My Lords, I start by thanking the noble Lord, Lord Stevenson, for tabling this Motion. Before I respond, I shall, if I may, take the opportunity to say a few words about the noble Lord. The House now knows from remarks he made towards the end of Third Reading of...
My Lords, I thank noble Lords very much indeed for their comments, particularly about me. I am a deeply private person, and I hate it when the spotlight suddenly swings round and catches you like a rabbit—which I am here today. I did not want that or expect it, and...
My Lords, I thank noble Lords very much indeed for their comments, particularly about me. I am a deeply private person, and I hate it when the spotlight suddenly swings round and catches you like a rabbit—which I am here today. I did not want that or expect it, and...
Lords motion to regret. Agreed to on division (174 votes to 163).
Lords motion to regret. Agreed to on division (174 votes to 163).
To ask the Secretary of State for Education, pursuant to the Answer of 8 March 2017 to Question 65926, on overseas students: loans, for what reason there was an increase in the outstanding balance from 2014-15 to 2015-16; and for what reasons the 18 per cent increase in the outstanding...
To ask the Secretary of State for Education, pursuant to the Answer of 8 March 2017 to Question 65926, on overseas students: loans, for what reason there was an increase in the outstanding balance from 2014-15 to 2015-16; and for what reasons the 18 per cent increase in the outstanding...
The total amount loaned out as English student loans in the financial year 2015-16 increased by 11% compared to the financial year 2014-15 due to increasing numbers of students receiving support and a higher proportion of those students being entitled to more financial support as they are on post-2012 tuition fee loan arrangements.
The main reason the outstanding balance of English student loans was 18% higher at the end of the financial year 2015-16 was that more was loaned out (and therefore added to the outstanding balance) than was repaid in the financial year 2015-16.
A more complete breakdown of the English student loan book can be found in table 1 of the Student Loans Company (SLC) Statistical First Release (SFR) Student Loans in England.
http://www.slc.co.uk/official-statistics/student-loans-debt-and-repayment/england.aspx
To ask Mr Chancellor of the Exchequer, pursuant to the Answer of 14 March 2017 to Question 66604, on debts, when the Government first committed to exploring a breathing space scheme; and when he expects to provide an update.
To ask Mr Chancellor of the Exchequer, pursuant to the Answer of 14 March 2017 to Question 66604, on debts, when the Government first committed to exploring a breathing space scheme; and when he expects to provide an update.
In its response to the Independent Review of the Money Advice Service (March 2015), the coalition government agreed to review the legal framework for debt administration, and to consider the impacts of additional statutory protections for consumers.
The government is looking carefully at a breathing space scheme, and fully supports the principles of better debt management and lower levels of problem debt. However, a breathing space scheme could have cost implications, and any new spending proposals must be considered carefully. The government will continue to look into the options for a breathing space scheme.
I beg to move,
That this House has considered the Breathing Space scheme to help families in debt.
It is a pleasure to serve under your chairmanship this afternoon, Mr Turner. I am grateful to have secured my first Westminster Hall debate since my election to the House and I am thankful...
I beg to move,
That this House has considered the Breathing Space scheme to help families in debt.
It is a pleasure to serve under your chairmanship this afternoon, Mr Turner. I am grateful to have secured my first Westminster Hall debate since my election to the House and I am thankful...
I am sure my hon. Friend is aware that the Children’s Society data show that 20% of families in council tax debt are visited by bailiffs, and that more than 30% of those families have to cut back on essentials such as food. Does she agree that a breathing space...
I am sure my hon. Friend is aware that the Children’s Society data show that 20% of families in council tax debt are visited by bailiffs, and that more than 30% of those families have to cut back on essentials such as food. Does she agree that a breathing space...