Course description
This webinar will discuss the implementation of the Breathing Space Regulations which will provide legal protection from creditors in certain situations.
Implementation of the policy will begin on 4 May 2021, and this webinar will help you get ahead. It discusses the conditions for eligibility for breathing space, application to unsecured lending, front-loaded interest accounts, arrears, and more.
Presenter Robin Penfold is an expert speaker who specialises in retail financial services regulation, so be sure to tune in to benefit from his expertise on this topic.
Upcoming start dates
Outcome / Qualification etc.
Training Course Content
Introduction
This webinar will discuss the implementation of the breathing space regulations which will provide legal protection from creditors in certain situations.
There are two different options available through the scheme:
A standard breathing space order which is available to anyone with problem debt and provides legal protection from creditor action for up to 60 days.
A mental health crisis breathing space order which is available to someone who is receiving mental health crisis treatment and provides protection throughout the person's mental health crisis treatment, plus 30 days.
Implementation of the policy will begin on 4 May 2021.
What You Will Learn
This webinar will cover the following:
- Introduction to the Breathing Space Regulations
- Conditions for eligibility for breathing space
- Application to unsecured lending
- Front-loaded interest accounts
- Application to secured lending
- Arrears
- Capitalised mortgage arrears
- Relationship between the Breathing Space Regulations and existing financial regulation
Expenses
MBL Seminars Limited
MBL is a leading learning and development provider for professional service firms. Over the past 18 years, more than 198,000 people across 23,000 different organisations spanning 81 countries, have chosen us to deliver their training. With over 800 expert speakers...