25,000 unpaid carers could see debts wiped as DWP reviews cases

Thousands of unpaid carers are set to see their financial burdens eased as the Government begins wiping away historical debts. The move follows a comprehensive review into “confusing” rules that left many families struggling with unexpected repayments. The Department for Work and Pensions (DWP) has confirmed it will reassess approximately 200,000 cases where carers were…

Disabled Borrowers Sue Trump Admin. Over Denied Debt Relief

Federal law requires the government discharge loans for students with “total and permanent” disabilities. Two women with disabilities accused the Education Department in a new lawsuit of unlawfully closed their applications for debt relief without proper review.  They argue that under federal law, loans must be discharged for anyone with a “total and permanent” disability…

Student Loan Crisis: Should Parents Help Pay Off Debt?

Should you help?    Whether you have a grandchild  at  university or a child who’s still repaying their loans years after they graduated, you won’t be alone if you’re worried about the impact of student borrowing on their finances. Jemma Slingo, pension and investment specialist at Fidelity International, says: “Parents and grandparents are now asking themselves the same thing.…

Debt management plan vs. debt relief

You may know how to get out of debt in theory. But doing it is easier said than done. There are many effective strategies—from debt consolidation to side gigs to the snowball and avalanche methods of repayment. But sometimes these things aren’t enough. If you see little-to-no light at the end of the tunnel, it might be appropriate to seek professional help. Agencies that offer…

Pakistan eyes stronger debt management support from World Bank

April 14, 2026 (MLN):  Pakistan and the World Bank Group have reaffirmed their commitment to strengthening financial cooperation, with Pakistan highlighting a diversified financing strategy on the sidelines of the world Bank–IMF Spring Meetings 2026. The government emphasized the use of instruments such as Sukuk and ESG-linked financing, efforts to access non-traditional markets, and ongoing…

Hundreds in Bury seek help from debt relief scheme

Recent government figures show that 249 residents in Bury entered the Breathing Space scheme in 2025, which offers legal protection from creditors, including a pause on creditor action and no interest or charges for up to 60 days. Also known as the Debt Respite Scheme, Breathing Space was introduced in 2021 to give people time…