Money Wellness

Debts

    Illustration of a woman snipping lit fuse off a debt bomb with scissors
    debts

    Personal insolvencies increase by 11% driven by debt relief orders

    Growing demand for debt relief orders (DROs) is driving insolvency rates.

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    debts

    Change to bankruptcy guidelines on vehicles

    If you go bankrupt and it’s essential you have a vehicle, the permitted value of that vehicle has increased.

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    debts

    Calls for the next government to tackle record levels of energy debt

    More than six million households in energy arrears.

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    Couple with baby sorting their finances
    debts

    New changes to debt relief orders

    Find out what big changes have been made to debt relief orders.

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    Illustrated image of a car. Changes to DRO - increase of car values for debt relief orders
    debts

    Changes to debt relief orders already making a real difference to the financially vulnerable and will be boosted by further changes

    Find out about changes to debt relief orders from this Friday which will make more people eligible for support

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    An illustration of someone using buy now, pay later on their phone. A bank card is on the screen with the text 'PAY LATER'.
    debts

    Buy now, pay later firm Laybuy collapses into administration

    Find out what this means if you’re one of 300,000 people in the UK who’ve used Laybuy.

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    Illustration of upset woman sitting on credit card holding long bill
    debts

    Unsecured household debt set to rise by £1,600 this year

    The TUC has predicted a steep rise in unsecured household debt.

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    Image of the tour de france. Bradley Wiggins faces bankruptcy - find out why and what it means
    debts

    Sir Bradley Wiggins is declared bankrupt. Find out about bankruptcy and what it means for your money

    Sir Bradley Wiggins, the eight-time Olympic medal winner, has been declared bankrupt after falling into financial difficulty.

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    Illustration of a fine notice
    debts

    HSBC fined millions for poor treatment of customers in financial difficulty

    HSBC has been fined more than £6m for failing to help struggling customers. Find out how lenders are supposed to help if you're experiencing financial difficulties.

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    Illustration of a smiling young woman
    debts

    DRO numbers reach record high after fee scrapped

    New figures show scrapping the DRO fee has resulted in more people getting crucial debt help. We're now asking the government to go a step further to help domestic abuse survivors in debt.

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