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

Budget recipe binder: Posh beans on toast

A jazzed up twist on beans on toast that's healthy, easy and, of course, budget-friendly.
Blog | Thursday, 20 October 2016

Mark Cowley wins Insolvency Manager of the Year at Tri Awards 2016

CAP's Insolvency team scoops another national award.
News | Thursday, 20 October 2016

The real Daniel Blake

Ken Loach's gritty docu-film I, Daniel Blake strikes an all-too familiar chord.
Blog | Tuesday, 18 October 2016

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.