Question
I understand that in order to apply for a debt relief order on behalf of my client, I must qualify as an intermediary. I contacted the Solicitors Regulation Authority but they informed me that they are not registered as a competent authority. Where can I apply to become an intermediary?
Answer
Six organisations have been given interim approval to act as competent authorities. The Solicitors Regulation Authority is not registered as a competent authority so holding a practising certificate is not sufficient to act as an intermediary.
Five of these organisations will only consider applications from their own employees or volunteers.
However, members of the Institute of Money Advisers (IMA) can apply for approved intermediary status. Membership is open to those who provide free money advice, including legal aid solicitors and solicitors who carry out pro bono debt advice.
You can apply to become a member of the IMA via their website:
www.i-m-a.org.uk/membership.html
Details of all competent authorities can be found on the Insolvency Service website:
www.insolvency.gov.uk/insolvencyprofessionandlegislation/DebtRelief.htm
For more information, please see the Law Society's practice note on debt relief available at www.lawsociety.org.uk/advice/practice-notes.