Share this page: 

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

Let’s beat the January blues and have the best 2019

Let's face it, it can be easy to feel naff in January. Thankfully, we have five easy ways for you to feel more cheerful.
Blog | Tuesday, 08 January 2019

John Kirkby receives CBE at Buckingham Palace

CAP's Founder was presented with the medal by HRH Prince Charles.
News | Friday, 14 December 2018

It’s time to talk about money

This Talk Money Week, we're looking at why people are so reluctant to talk about their financial struggles.
Blog | Monday, 12 November 2018

capuk.org uses cookies to make the site simpler.