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DEBT MATTERS: -
aw:aw:aw:aw::beagle2222::beagle2222::beagle:
Subject: Bankruptcy case already notified - seems a CAB issue raised on deaf ears?
In both instances, it is the IP fees which are so disproportionate and cruel. CAB were very aware of the problem and produced a great consultation response in 2012; but they told me there is no will within government to address the issue at all sadly. Seemingly Debt is viewed with little sympathy or concern about the ultimate cost to society.
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xx xx xxxxxxxxx
also thresholds are antiquated.
MPs Response:-
Thank you for your emails on this.
I do agree that the bankruptcy process needs overhauling, not least to increase the threshold at which creditors can start proceedings. I’ll be happy to raise this with the Government and I will keep you updated.
In both instances, it is the IP fees which are so disproportionate and cruel. CAB were very aware of the problem and produced a great consultation response in 2012; but they told me there is no will within government to address the issue at all sadly. Seemingly Debt is viewed with little sympathy or concern about the ultimate cost to society.
#
xx xx xxxxxxxxx
also thresholds are antiquated.
MPs Response:-
Thank you for your emails on this.
I do agree that the bankruptcy process needs overhauling, not least to increase the threshold at which creditors can start proceedings. I’ll be happy to raise this with the Government and I will keep you updated.
aw:aw:aw:aw::beagle2222::beagle2222::beagle: