New measures introduced to protect companies from debt recovery actions

Further to the British Chambers of Commerce discussions with the Ministry of Housing, Communities and Local Government (MHCLG), the government has announced new measures to protect companies from debt recovery actions during the pandemic.

This includes the voiding of statutory demands and winding up petitions issued to commercial tenants along with changes to the use of Commercial Rent Arrears Recovery (preventing its use unless landlords are owed 90 days of unpaid rent).

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