enforcement of CCA regulated debt by HCEOs

[mikeymack2002]

What will happen if HCEO's get to be able to enforce debts under the CCA 1974 how much will that affect the debtors, what are the pitfalls of this if it happens? ..................

 

 

Full story here has anyone else seen this yet?

 

 

http://thesheriffsoffice.com/articles/why-2015-could-see-the-enforcement-of-cca-regulated-debt-by-hceos

[brassnecked]

Mayhem, the current £600 threshold is too low and should be at least 10K imho

 

What next HCEO collecting Council Tax arrears?

[renegadeimp]

Wasnt it £600 back when the law was changed? 600 back then would have been a lot. Now its pretty much pocket change and does need to substantially increase.

[mikeymack2002]

Maybe this is the new beginning for grabbing CCA regulated debts and could see a massive rise in fees and debtors seeking advice in relation to the HCEO's.

 

 

Also if this goes ahead there could be even more hardship cases for the HCEO/EA's to deal with? This could then be a start for even more cases being taken to Court then passed over to the EA for enforcement.

 

 

 

 

The scary thought here is what if the DCA's start to use this as a collection tool?

[mikeymack2002]

I have just had a crazy thought here....

 

 

What if the OC takes this route and keeps the debt in house and does not sell the debt to a DCA? What effect will this have in the debt purchasers could this see a small decline of DCA's? Or could this allow the DCA to issue against a debtor a lot earlier, so to get the debts they bought paid off quicker?

 

 

This is scary

[brassnecked]

I have just had a crazy thought here....

 

 

What if the OC takes this route and keeps the debt in house and does not sell the debt to a DCA? What effect will this have in the debt purchasers could this see a small decline of DCA's? Or could this allow the DCA to issue against a debtor a lot earlier, so to get the debts they bought paid off quicker?

 

 

This is scary

 

 

It might make the likes of Lowell Moorcarp, and Snotcall try court more. Taking on board renegadeimp's comment that it was £600 when it came in, perhaps it should be more than the £10 K I suggested, maybe £20K,

[mikeymack2002]

This could cause severe hardship for those already in serious arrears with regulated debts.

 

 

Not only that what about those extra fees for being over a certain limit. This is getting ridiculous now.....

 

 

Time to start studying now

[brassnecked]

This could cause severe hardship for those already in serious arrears with regulated debts.

 

 

Not only that what about those extra fees for being over a certain limit. This is getting ridiculous now.....

 

 

Time to start studying now

Certainly not good for the debtor.

 

Next series of TV following the Sheriffs sees their operatives in Paramilitary gear, call on someone who owed Snotcall 50 quid hit for £1,000 or so by the Sheriffs.

 

Yes we need to get researching, and lobbying.

[renegadeimp]

Wonder how much cash the owners of these bailiffs companies are donating to the government... /tinfoil hat

[Bailiff Advice]

What will happen if HCEO's get to be able to enforce debts under the CCA 1974 how much will that affect the debtors, what are the pitfalls of this if it happens? ..................

 

 

Full story here has anyone else seen this yet?

 

 

http://thesheriffsoffice.com/articles/why-2015-could-see-the-enforcement-of-cca-regulated-debt-by-hceos

 

High Court Enforcement Officers (as they were once called) have been 'lobbying' for this change for many years (but more so recently) and I can assure anyone reading this thread that the 'advice sector' is passionately against any move being taken to having CCA debts enforced by private companies.

 

The article by David Carter (Sheriffs Office) is well known and there have been quite a number of more recent articles written on this subject (one just a week or so ago). It is inevitable that lobbying will continue given that the level of judgments passing through the County Courts has dropped quite significantly over the past few years and this is not helped by HM Courts imposing higher court fees (another rise is imminent).

 

My personal opinion (and it is just that) is that there are too many companies chasing too few judgments.