EMERGENCY APPEAL. UK poverty is rising. We urgently need your help to reach everyone.
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Statement of practice 3.1 (Individual Voluntary Agreements)

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CAP has responded to a consultation by the Joint Insolvency Committee (JIC) about proposed changes to the Statement of Insolvency Practice 3.1 which is a code of practice for Insolvency Providers to follow when advising and administrating Individual Voluntary Agreements. The proposed changes update the statement of practice to be fit for purpose in the current context, but there are additional changes we think are needed also. This includes changes to make sure people can make informed decisions about the most appropriate debt solution for them, improve correspondence with the supervisor, the timeliness with which the certificate of termination is issued and place a a clear responsibility on Insolvency Practitioners to be satisfied that the actions of third party lead generators they receive referrals from meet the expectations set out in SIP 3.1. Read our full response below.

Ruth holding a sign that reads 'There is so much need. I'm at my limit.'
‘Rising poverty is pushing churches like mine to their limit,’ says Ruth. ‘Please help us meet the growing need.’

We urgently need your support to reach every person in poverty.

Ruth holding a sign that reads 'There is so much need. I'm at my limit.'