There are several suggestions, ranging from a Stabilisation Fund to be run by the Centre for automatic write-off under some specified conditions, to the setting up by States of standing professional Debt Commissions to examine individual debt (including to noninstitutional sources) on a case-by-case basis for one time settlement.
I also regard the parameters as being within the credible range and a good basis for rebuilding confidence. Household and business balance sheets are also stressed. I have already referred to the over-indebtedness of some households, not least those affected by the increase in unemployment.