Reference number: CP2/10
Open date: 05 February 2010
Close date: 30 April 2010
A consultation on whether to impose a minimum threshold in applications for orders for sale in debts regulated by the Consumer Credit Act.
Where a debtor has defaulted on a judgment debt and has a charging order on their property, should there be a minimum level of debt before the creditor can apply to force the sale of the debtor’s property? If so, at what level should the threshold be set?
We welcome views of all civil court users on this consultation, which runs until 30 April 2010.