Posts In Category "Financial Distress"
Pursuing debtors for monies owed? Are you aware of the new Debt Respite Scheme (Breathing Space)?
The Scheme came into effect on 4 May 2021 as part of The Debt Respite Scheme (Breathing Space Moratorium and Mental Health Crisis Moratorium) (England and Wales) Regulations 2020 and was designed to give those in problem debt rights to legal protection from creditors. In this advice note we will cover: The types of Breathing […]
Business debts owing? Changes you need to know about.
On 1 October 2017 businesses will be subject to legal changes which will govern how they can use the Courts to recover their debts from individuals and sole traders. Ahead of time, we are encouraging businesses to look at both their internal processes and outstanding debt to look for the best way to recover their […]