Government To Consider Tighter Debt Management Regulation | Debt Advice Foundation

Government To Consider Tighter Debt Management Regulation

The Ministry of Justice has launched a consultation process on the regulation of debt management companies. The consultation paper will explore whether regulated schemes should be introduced, how they would work and whether tighter non-statutory regulation of current schemes would be more appropriate.

Debt Advice Foundation welcomes the move, which combines two of the charity’s central campaigning objectives; tighter regulation of Debt Management schemes and the appropriate application of such schemes for the benefit of both debtors and creditors.


The Ministry of Justice has launched a consultation process on the regulation of debt management companies. The consultation paper will explore whether regulated schemes should be introduced, how they would work and whether tighter non-statutory regulation of current schemes would be more appropriate.

Debt Advice Foundation welcomes the move, which combines two of the charity’s central campaigning objectives; tighter regulation of Debt Management schemes and the appropriate application of such schemes for the benefit of both debtors and creditors.

Click here to see full story.

Helpine Logo
Helpline Callback

If you’re unable to call our free debt helpline number 0800 043 40 50 right now, you can fill in the form below and one of our advisors will call you back at a time of your choosing.

Call for FREE debt advice on


0800 043 40 50

Monday to Friday 8am to 6pm