Question to the HM Treasury:

To ask the Chancellor of the Exchequer, if he will make an assessment of the potential merits of extending the length of legal protections under the Debt respite (breathing space) scheme.

This question was answered on 14th March 2023
The Government launched the Breathing Space scheme on 4 May 2021, and as of January 2023, over 110,000 people in problem debt have benefited from Breathing Space protections.

As part of the consultation on the Statutory Debt Repayment Plan (SDRP), the Government proposed minor technical changes to Breathing Space and invited views on what further changes could be made. The Government is considering these proposals and will provide a further update in due course.