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Insights: Debt Recovery

Expiry of winding up restrictions

After a very long wait for creditors during a difficult economic period, the restrictions placed on Winding Up actions, introduced in response to the Covid-19 pandemic, have expired on 31 March 2022.

Possession Proceedings: a change in process

The Civil Procedure Rules (CPR) Practice Direction 55C was introduced in response to the Covid-19 pandemic temporarily modifying the possession process set out in Part 55 for an interim period.

Easing of Winding Up restrictions

After a very long wait for creditors during a difficult economic period, the restrictions to Winding Up actions, introduced in response to the Covid-19 pandemic, are set to be relaxed with effect from 1 October 2021.

Government set to extend business support measures

Last year the Government introduced certain temporary insolvency measures to support and protect businesses from creditor enforcement where the debt relates to the coronavirus pandemic.