StepChange Debt Charity is pleased to see the Insolvency Service update today, following its call for evidence on the personal insolvency framework, and its commitments to reform this sector.
Responding to the Government response, Vikki Brownridge, CEO at StepChange Debt Charity, said:
We welcome the Insolvency Services response today on reforming the UKs personal insolvency framework, and are pleased to see it recognise existing shortcomings which make accessing and navigating insolvency options a challenge for financially vulnerable individuals.
Its vital that insolvency solutions are accessible and provide a safe route out of debt, leading to long-term good outcomes for consumers. The current framework leaves consumers vulnerable to h…
Read the full article at: https://www.politics.co.uk/opinion-former/press-release/2023/08/07/stepchange-responds-to-personal-insolvency-framework-review/