Treasury grants two-month break for those in serious debt

60-day period

Adam Saville
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Treasury grants two-month break for those in serious debt

'Breathing space' to be provided to give struggling individuals and families more time

The government is to allow people struggling with serious financial problems to avoid enforcement action from debt collectors for 60 days. Those experiencing mental ill-health will benefit from extra protection, the Treasury has also confirmed. Those eligible will be granted ‘breathing space' as part of a scheme promised within the 2017 Conservative party manifesto, to be implemented in 2021. In a consultation regarding the policy in 2018, the Treasury said: ‘Breathing space would give someone...

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