Policy and Government

New financial rehab regulations laid in Scottish Parliament

20 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

Breathing Space gets the go ahead!

CAP welcomes Government move but wants to see the detail

News | Wednesday, 19 June 2019

Learning to be grateful does you good

We’re always told to count our blessings, but what if we took that literally?

Blog | Wednesday, 03 July 2019

Finding family

Paula shares her powerful story of discovering family in the Church

Blog | Saturday, 29 June 2019

Our details

Telephone
01274 760720

Email
info@capuk.org

Address
Jubilee Mill, North Street, Bradford, BD1 4EW

Privacy, Complaints, Cookies, Accessibility & Legal Information

Charity registered numbers: 1097217 (England and Wales), SC038776 (Scotland).

Company Limited by Guarantee, Registered in England and Wales number: 4655175.

CAP is authorised and regulated by the Financial Conduct Authority.

Quick links

Search for help

Our free local services

Courses in your area

Log in to CAP Money Online

--

Make a donation

Partner with CAP

CAP's logo & brand

capuk.org uses cookies to make the site simpler.

More about cookies