Property owners in danger of losing their homes as a result of consumer debt could soon be better protected.
The Ministry of Justice has launched a consultation on proposed new measures that would set a minimum level of such debt before a court can order the sale of a home.
Under the current system, a property owner who cannot pay a credit or store card debt can have a charging …
Read the original article at Fnancemarkets
Most Commented Posts
More similar stories:
- Consumer protection bill approved
- House panel approves consumer protection agency
- Consumer Financial Protection Agency: an overview
- A look at the Consumer Financial Protection Agency
- Court quashes £8000 credit card debt following missold PPI
- Treasury spells out details of consumer financial-protection plan
- After 6-year wait, protection from bad credit reports
- Are you in the dark about how your credit card debt is cleared?
- Credit card debt burns more college students
- Citibank shows why credit card holders need protection






