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Last month, following a consultation between 10 March and 2 June 2011, the Office of Fair Trading (OFT) published a revised version of its Debt Collection Guidance. It was last revised in December 2006.
The...
Is a guarantee liability a liquidated sum?
Is a creditor entitled to bring bankruptcy proceedings in respect of a guarantee and indemnity?
In this case , the question the court asked was whether a guarantee liability, is a liability for a...
New proposals to reform the regulation of credit card companies
The Government is consulting on new proposals to reform the regulation of credit cards and store cards.
The proposals include forcing companies to allow customers to pay off their most expensive debts...