Breathing Space Applications and Their Impact on Possession Proceedings
Introduced in May 2021 under the Debt Respite Scheme (Breathing Space) Regulations 2020, we have noticed a sharp increase in the use of Breathing Space. What Is Breathing Space? Breathing Space is a legal moratorium that temporarily protects individuals in problem debt from most enforcement action by creditors, including landlords. There are two types: Standard …
Breathing Space Applications and Their Impact on Possession Proceedings Read More »