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Nov 2022
Room to breathe – The Debt Respite Scheme regulations
What is the Debt Respite Scheme? The Debt Respite Scheme (Breathing Space Moratorium and Mental Health Crisis Moratorium) (England and Wales) Regulations 2020 came into force in May 2021 and were introduced to provide legal protection by way of a moratorium to individuals who are struggling with debt. Debtors can apply for ‘Breathing Space’ from…