Warning-Your Home May Be at Risk if You Fail to Pay Even On Un-Secured Debts

RAS

precisely Gemmzie.

If you read the Ob article, Vince Cable has said this is not a good idea. Think he has understood the wider implications which a stakeholder group mainly of creditors lawyers would not appreciate.

blind-as-a-bat_2

Quick update, the petition has gone from 81 yesterday to 116 since starting this thread:T

I believe it needs to be 200+ to get it refered for a formal responce so keep signing up

http://petitions.number10.gov.uk/chargingorders/

Gemmzie

Just hope they listen

blind-as-a-bat_2

Gemmzie wrote: »

Just hope they listen

We can only try, but the more we get behind this the better the chance they might

10past6

RAS wrote: »

Good time to frighten him.

Serious question Ras, yes, I want to scare my Labour MP, but how do I do that

isgman

Please everyone sign up to;
http://petitions.number10.gov.uk/chargingorders/
Thanks

maz1964

10past6 wrote: »

Serious question Ras, yes, I want to scare my Labour MP, but how do I do that

Easy ring up make an appointment and go in with the heavies,,,,lol

thats what im doing - no seriously,,,, am already awaiting a callback, and if that dont work, i will be outside his office waiting for them to open up and i have friends in the media, so local paper might be the next route,,,


and after today i may even have a "friend" in one of the nationals, but much more about that next week, fingers crossed hope to tell you more then

ciao keep spreading the word laters maz:beer: just checked 128 signed,,,

esbo

I think the whole thing is sick, people have been lead to believe that their home could be reposesed only if it was a loan secured on their house and that credit cards and the like were different.

If you go to any home loan site you see a warning similar to this:-

"YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT."

However if you go to a credit card site you will see no similar warning. The obvious implication is that your home cannot be reposesed if you don't keep up payments, and that is why they can charge you the extortionate rates of interest they charge.

If is an absolute con IMO and basically a sophiscated fraud which the government seem to be 'in on'.

If this sick government passes this it can kiss goodbye it's chances of ever getting re-elected again, however I think it kissed it's electorial a** goodbye some time ago :rotfl::rotfl::rotfl:


However on a somewhat brighter note, there is one huge problem if this does take effect, which the credit card companies appeared to have over looked, it will mean their huge ndustry will be virtually wiped out :T because there will be absolutely no point in any homeowner taking out and form of 'unsecure' loan such as a credit card.


So I wonder if they have done their sums? I would estimate they would lose more than they would gain and that their industy would be virtually wiped out :rotfl::rotfl::rotfl:

Anyway it's absolutely disgusting and unfair, and I believe basically illegal, an unfair contract with inadaquate warnings and basically changing the rules after the contract has been signed.

pania

why on earth do they make you put your address???? so they can keep they can keep track of the anarchists? grrrrrrr

maz1964

:rotfl:

pania wrote: »

why on earth do they make you put your address???? so they can keep they can keep track of the anarchists? grrrrrrr

pania lol

of course but us rebels, do have our votes too,,, do they want it, then play nicely in the playground....

mind you on the last petition i voted on i did get an a letter from them explaining what the result was and info

so i guess they are keeping their potential voters informed

laters ciao maz