Series 2 - The Sheriffs are Coming

[brassnecked]

Hi all,just been reading all the interesting [EDIT] on the infamous "sherrifs" website and found this statement:

 

The Ministry of Justice will consider the impacts of the new fee regime and then review the Order.

 

This could see HCEOs being permitted to enforce judgments below £600 and those regulated by the Consumer Credit Act,

 

which would give creditors greater choice for enforcement action.

 

Is this correct surely the amount to transfer to the high court is to low not to high this could end up turning miniscule debts into thousands!!!

" only one winner there" and letting them loose with regulated agreements next it will be late dinner money

and tea and coffee payments heanous crimes though they be.

 

It could lead to much mupperty with the likes of Muck Hall, Snotcall and Moorcarp, using HCEO, and other shenanigans for disputed and possibly speculative enforcement (unlawfully) for Statute Barred consumer debt

[HCEOs]

This use of HCEOs in debts under £600 and CCA is only right. For too long creditors in this market have only ever had the option of the inefficient County Court Bailiff.

 

The original idea behind the High Court and County Courts Jurisdiction Order 1991 was that the judiciary did not want to charge interest on interest. Things have come a long way since then and in today's age this can easily be dealt with by our sophisticated IT systems.

 

Any amendment of this order would also bring in fixed fees like those to be introduced shortly. For debts under £600 these fees would be reduced further eliminating the fears of debts increasing by thousands.

[seanamarts]

This use of HCEOs in debts under £600 and CCA is only right. For too long creditors in this market have only ever had the option of the inefficient County Court Bailiff.

 

The original idea behind the High Court and County Courts Jurisdiction Order 1991 was that the judiciary did not want to charge interest on interest. Things have come a long way since then and in today's age this can easily be dealt with by our sophisticated IT systems.

 

Any amendment of this order would also bring in fixed fees like those to be introduced shortly. For debts under £600 these fees would be reduced further eliminating the fears of debts increasing by thousands.

 

Thank you for explaining this HCEO's Lets hope it works better than what is placed at the moment

[welshwizard1972]

HCEOs whilst I understand the need for creditors to be able to chase up as much debt as possible a good proportion of debt covered under the cca is unsecured debt which the original creditor makes an informed decision as to whether to grant credit or not. These debts given on an unsecured basis then surely it is unreasonable to then decide that when a debtor falls into difficult times say through redundancy or illness to send in the heavies to remove goods thus making the original credit secured and to add insult charge horrendous fees. If this is the way things are to be done it should say on the bottom of the agreement ps: only joking if you cant pay will send the boys round...