Economic Abuse: How the New Form Provides Relief for UK Victims

Saturday, 24 August 2024, 07:00

Economic abuse victims now have a vital resource with the new Economic Abuse Evidence Form (EAEF). This form allows debt advisors to communicate with multiple creditors, easing the burden of financial stress. Banks and building societies are responding positively, providing critical support for those affected by economic abuse.
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Economic Abuse: How the New Form Provides Relief for UK Victims

The Importance of the Economic Abuse Evidence Form

The Economic Abuse Evidence Form (EAEF) serves as a significant tool for victims of economic abuse, ensuring they can seek assistance more efficiently. This form facilitates communication between debt advisers and various creditors, which helps ease the ongoing financial stress that victims face.

Support from Financial Institutions

  • 25 banks and building societies have committed to accepting the EAEF.
  • The form is designed to support individuals navigating the pain of economic abuse.
  • Trained advisors from organizations like Money Advice Plus and Surviving Economic Abuse play a crucial role in this initiative.

How the EAEF Works

The EAEF clarifies the victim's experience of economic abuse, allowing creditors to understand the circumstances better. With this form, affected individuals can connect with multiple organizations for comprehensive support.

For additional information and updates, visit the original source.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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