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Posts Tagged ‘ministry of justice’

Many people have successfully pursued their creditors and have had thousands of pounds worth of debt written off.

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Consumers are being urged to continue the battle against lenders collecting legally unenforceable debts by Credit Issues after it announced successfully challenging over £1million worth of consumer debt so far in 2009.

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Consumers are being urged to continue the battle against lenders collecting legally unenforceable debts by Credit Issues after it announced a target of challenging £10 million of consumer debt in 2009.

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Reduce or clear unenforceable credit card and unsecured loans balances. Your loan or credit agreement could be unenforceable.

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The Consumer Credit Act of 1974 allows borrowers to challenge unfair credit agreements. Credit Agreements up to £25,000 and issued before 1st April 2007 must comply with the terms of the Act.

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Figures are already showing that a staggering number of credit agreements taken out prior to April 2007 are legally unenforceable.

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