Clause 16 - Time orders
Consumer Credit Bill
2:30 pm
Charles Hendry (Shadow Minister, Trade & Industry; Wealden, Conservative)
I have pushed the point on several occasions but the Minister has dodged it without even trying to answer it. What evidence does there need to be that an arrears notice has been received? What system of delivery needs to be in place? Does notification have to be issued by registered post? Does it have to be hand delivered or can it simply be posted? How can we be certain that it has been received by the right person? So much in the Bill hangs on the ability of the lenders to prove that they have done what they should to make the borrowers aware of their responsibilities.