Policy and Government

New financial rehab regulations laid in Scottish Parliament

calendar20 February 2015

Yesterday, the tools that will be used to implement the changes to the Scottish personal bankruptcy regime announced last year were presented to the Scottish Parliament. As part of this, debtors will be allowed a 'contingency allowance’ when calculating the payment they will make to their creditors. This will act as a safety-net in emergencies, giving debtors access to a small amount of savings. We welcome these changes and agree that they will promote financial rehabilitation and life-long saving. CAP already encourages all our clients to save and have found this hugely successful, with our research showing 96% of our clients who become debt free stay debt free.

Latest news and blogs

Why ‘lagom’ living should be your new best friend

Move over hygge - living simply is the new trend in town
Blog | Friday, 13 January 2017

Seen us on Songs of Praise?

If Naomi and Perry's story sounded all too familiar to you, get in touch and find out how we can help you too.
News | Sunday, 08 January 2017

Budget recipe binder: Claire’s classic Toad in the Hole

A classic winter warmer for a price that'll warm your heart too!
Blog | Sunday, 08 January 2017
skyline

It looks like it's the first time you've visited the CAP website.
The cookie settings are set to 'allow all' to give you the best experience and help us maintain the site. If you continue without changing these settings, you consent to this.