CAS calls for new ‘Breathing Space’ scheme for debtors to be extended into Scotland

The scheme is similar to one already in place in Scotland, but it lasts for a longer period.

The charity said it is now calling on the Scottish government to extend the Scottish scheme to ensure that debtors on both sides of the border are treated equally.

Citizens Advice Scotland’s Financial Health spokesman Mike Holmyard, said: “Debt remains one of the biggest issues brought to the Scottish CAB network. Our advisers deal with debt cases every day, and we see how it can destroy lives. So we welcome this scheme, and we want to see its protections extend to people in Scotland as well.  

“Scotland in fact led the way here, by introducing a similar scheme called a ‘moratorium’ in 2015. People in debt can apply for a moratorium to prevent their creditors from taking enforcement action for 42 days.

“So we call today on the Scottish Government to provide the same protections for people in debt on both sides of the border by extending the moratorium in Scotland to 60 days. We also urge them to replicate the proposals of ‘Breathing Space’ with regard to freezing interest and helping those who are struggling with debt and poor mental health in Scotland.”