CRAR and commercial forfeiture moratorium extended to 25 March 2022
Industry Update, Corporate Blog Laura Naylor Industry Update, Corporate Blog Laura Naylor

CRAR and commercial forfeiture moratorium extended to 25 March 2022

Earlier this month, on 16 June 2021, the Government announced a further extension to the moratorium on the Commercial Rent Arrears Recovery (CRAR) and forfeiture of a commercial lease until the 25 March 2022. It is thought that the Government's reason for the extension is to protect jobs and encourage businesses to continue to trade.

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The Impact of Covid-19 on Collections: Expectation Vs Reality
Industry Update, Company News, Corporate Blog Rebecca Gaffney Industry Update, Company News, Corporate Blog Rebecca Gaffney

The Impact of Covid-19 on Collections: Expectation Vs Reality

No one could ever have predicted the arrival of the Coronavirus pandemic and once it arrived it took the world by storm. Now, over a year later, it remains unclear how long the pandemic and its economic impact will last.

With job losses, redundancies and ill health, along with the Government’s own lending to support emergency funding, there is no question that the UK has seen a significant rise in debt as a direct result of the pandemic.

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