“We know that people in this situation may find it harder to engage with debt advice and are being chased for their debts when they are least likely to be able to deal with it.”
The Money and Pensions Service (MaPS) has launched a new pilot to help people in mental health crisis avoid worsening debt problems.
The government-backed MaPS has committed 94.6million overall in 2021/22 to support vital debt advice services.
As part of the increased funding, MaPS is investing 2.4million in a pilot which joins up the mental health sector with debt advice services, to refer people in crisis for a Mental Health Crisis Breathing Space.
Under the Breathing Space scheme, which launched on 4th May, people with problem debt will be given legal pr…
Read the full article at: https://www.financialreporter.co.uk/finance-news/maps-launches-24m-debt-support-fund-for-people-in-mental-health-crisis.html