A report published today by the Housing, Communities and Local Government Committee calls for support for renters in the private sector who are in arrears, including a recommendation for funding for some rent debt write-off. It is welcome that the recommendations from the committee recognise the scale of the challenge brought on by Covid-19 forContinue reading “Housing, Communities and Local Government Committee report calls for action on rent debts”
Only got a minute and a second? Press pause on your day.Start a timer for 61 seconds and pray for the 61% of low- income families with children have borrowed money as a result of Covid-19. Spending a penny? Stick a coin on the back of your bathroom door and reflect on those who areContinue reading “Creative prayers for Reset The Debt”
This week, an amendment to the Financial Services Bill (2019-21) will be put to the House of Lords, aiming to ensure a ‘fair debt write-down’ of debts sold on the secondary debt market. This is a positive move towards a debt system which is more just and fair. But what does it actually mean? Let’sContinue reading “Amendment to the Financial Services Bill (2019-21)”
In the upcoming budget, the Chancellor will set out a the UK’s financial path. This will be an opportunity to offer support for those hit hardest by the pandemic, including businesses, workers and families. In the budget, the Chancellor has the opportunity to do this by taking on the burden of families weighed down byContinue reading “How could the government support families weighed down by debt on 3rd March?”
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