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

Debt help in Scotland: Jimmy’s story

Jimmy from Scotland shares how CAP Job Clubs and Debt Help empowered him to transform his life

Blog | Thursday, 09 June 2022

A different Jubilee

As we look back on the Queen's Jubilee celebrations, Owen reflects on the Biblical Year of Jubilee

Blog | Monday, 06 June 2022

How to find support in the cost of living crisis

Do you know what help's available to you amid the rising cost of living?

Blog | Wednesday, 04 May 2022

Our details

Telephone
01274 760720

Email
info@capuk.org

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

Privacy, Safeguarding, Complaints, Cookies, Accessibility Diversity and inclusion Caring for creation & 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

Make a donation

Courses in your area

Log in to CAP Money Online

Partner with CAP

CAP's logo & brand