Default Notice Petition

[inewton08]

Hello all,


Please read, sign and pass on to others to sign my petition on the following link: http://www.gopetition.com/online/19136.html

I have today begun a petition to call on the Government for legislation re: Term of Default Notices.

This is not only because there is no legislation at present which states how long a default should remain on a credit file, but to clarify several points.

I.E. If you have a Default worth 20 pounds compared with that of somebody with a Default worth 200 pounds, you are punished for the same period of time without any legislation stating how long you SHOULD be punished.

If you committed a criminal offense such as council tax evasion, you would be punished less (or i hope) than a murderer would - in these cases you are assessed on a case by case basis yet the world surrounding Default Notices remains vague.

If there is no law stating it should be there for 6 years, then why is it? If there is no law stating you can't remove it prior to the expiration of 6 years then why not remove it?

It is not an attempt to aid people avoid their responsibilities, it is to justify the actions taken by lenders and to possible force a more understanding and considerate approach to people who have defaulted less than others.

If you would be so kind as to sign my petition on the following link, it would be greatly appreciated.

Law Reform: Term of Default Notice*-*Online Petition

Many thanks for your attention, and if you have any queries or additions you might want to make to the petition, let me know and we can discuss it.

Ivan

[Hobbie]

Signed.

[midge61]

signed

[jannercobbler]

Signed

[smutley]

signed x

[Dipply75]

Signed

Well done.

[Ray786]

Signed.
I would like to add that one-sided authority of the financial institutions / lenders to register a default on anyone's credit history should also be waived. If a default has been caused by a borrower, it should be mandatory upon all financial institutions to inform the borrower that they are about to register a default on his credit history and he has one last chance to rectify the situation. If the borrower still does not respond and take remedial measures, then the lender could register a default. But a unilateral authority to register default on any one;s credit history should be waived.

[t-star]

signed

[finlander]

INEWTON08,

I think we are in danger of splitting our fcorces here. We have a thread running ...

Campaign to the OFT against unfair CRA practices.

On that we are trying to challenge all unfair practices, for instance defaults with out CCA agreements, time of default notices, no real right of a fair appeal etc.

we are asking everyone to sign a petition there and send a mass complaint letter to the OFT. I don't know if you agree but we may end up splitting between these two petitions and weakening both.