Interviewed on GMTV earlier today the Conservative Party leader announced measures that would prevent indebted householders losing their homes for what CCHQ describes as "relatively small credit card bills or other unsecured loans".
A CCHQ press release outlined three measures to help indebted families:
- "Stop forced sales: We do not believe families should be forced to sell their homes to repay relatively small debts. That is why we are proposing new rules to prevent anyone from being forced to sell their home to repay unsecured debts, such as credit card bills, of less than £25,000.
- Scrap ‘charging order’ changes: The small print of Labour’s Tribunals, Courts and Enforcement Act of 2007, which is still in the process of implementation, contains new provisions to make it easier for lenders to get a ‘charging order’ against a borrower’s home – even when the borrower is complying with the terms of a county court judgement. We are calling for the government to scrap these changes.
- Reverse bailiffs’ rights to break in: "The Tribunals, Courts and Enforcement Act of 2007 also gives bailiffs new powers to use force to enter people’s homes to collect civil debts. These new provisions would allow bailiffs to break into family homes, such as knocking down a door or smashing a window, to collect debts such as missed credit card bills, or an unpaid parking fine or TV licence fee. We oppose the introduction of these new powers and are calling on the Government to reverse its plans."