Ministry of Justice consultation
Council of Her Majesty’s Circuit Judges
A consultation on whether to impose a minimum threshold in applications for orders for sale in debts regulated by the Consumer Credit Act.
Where a debtor has defaulted on a judgment debt and has a charging order on their property, should there be a minimum level of debt before the creditor can apply to force the sale of the debtor’s property? If so, at what level should the threshold be set?