Civil Court Users Association (CCUA) believes that the title of the call for evidence is misleading in only referring to “breathing space.” Breathing space is a concept which is already well known and operated within the creditor sector, so at first glance this paper appears to be several years behind the times.
There is no mention in the title that the paper also considers statutory debt management plans, despite this being arguably the more radical of the two proposals. It occurs to us that some potential responses may have been lost, as potential respondents may not have realised the full extent and true nature of the proposals.
See the original consultation here.
