The government has launched a consultation on introducing a ‘breathing space’ for individuals struggling with debt. The proposed changes could mean that individuals would have up to six weeks free from further interest, charges, and enforcement action. In Scotland, people in debt entering into repayment plans have a statutory right to have their fees and […]
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Should a winding-up petition be used as a debt collection tool?
The court recently struck out a winding-up petition brought against a contractor by its sub-contractor in the case of Breyer Group v RBK Engineering. In the court’s view, the contractor was not unable to pay its debts. It had arguable defences to the sums claimed, as well as cross-claims, which should be resolved by adjudication […]
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