Rejected petition Hold on PCVs being repossessed & finance interest paid by the BBB for 8 months

Place a moratorium on finance companies repossessing coaches and enforcing personal guarantees until the 2021 season starts at Easter. Protect the finance companies in turn by the British Business Bank covering the interest.

More details

There are many small operators whose business has been destroyed by Covid-19 and whose owners have had to issue personal guarantees and will lose their homes without this law being applied. The proposal is cheaper than merely pumping £65m a month into the coach industry and also protects the finance companies.

This petition was rejected

Why was this petition rejected?

It’s about something that the UK Government or Parliament is not directly responsible for.

The Government is not responsible for the enforcement of debts against particular sectors. This is a matter for individual creditors.

We have published the following petition, which you might like to sign:

A government cash bailout for the coach industry before it's too late: https://petition.parliament.uk/petitions/332280

We only reject petitions that don’t meet the petition standards.

Date submitted 2 August 2020
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