Hi everyone. Please sign this petition, #share it, #retweet it everywhere. I appreciate for a petition to be valid, you need to give your personal details to be counted, but that should remain restricted viewing. This is a properly set up Govt. E-Petition to try to get them to look at the Law Of Property Act, where Debt purchasing relies upon this loophole to take your data, your unsecured debts, pay a small price for the info and chase you for the full amount, it is pure greed and the very fact it CAN stand up in a courtroom, assuming they have enough data (re. your debt/paperwork etc) and they CAN take your homes and property, it is about time this was stopped.
Can't guarantee this will succeed...it needs 100,000 valid and true signatures to get this to be looked at. It has been tried before and if people won't sign, it won't go anywhere....but hey, let's try again!
Some of you will likely prefer your debts to be bought cheap by these greedy grabbing DCAs, but the point is, they are heavy handed, they make people more stressed, more ill and the original banks/creditors as yet don't maliciously go after people's homes simply because they can. Obviously if there is a CCJ and that is not paid, there is that chance of losing home, property, becoming bankrupt, but we need to take away the one Law or loophole that makes it so easy for debt buying companies to manipulate say 900% profit or more (where applicable), if they succeed, but more so we need to STOP them bullying people that are in a financial mess and already unable to cope with the pressure, let alone the harassment.