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Debt Respite Scheme

Question for HM Treasury

UIN 121397, tabled on 5 January 2018

To ask Mr Chancellor of the Exchequer, whether the Government's planned Breathing Space scheme will include a full 12-month freeze on interest, charges and debt collection activity.

Answered on

11 January 2018

The Government committed in its manifesto to establish a breathing space for heavily indebted consumers which would freeze interest, charges and further enforcement action for up to six weeks.

The Government is committed to taking the proposals forward as per its manifesto commitment, and is actively consulting on the policy design with stakeholders.

Answered by

Treasury