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Diligence

Part of the debate – in the Scottish Parliament at 9:31 am on 8th June 2000.

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Photo of Jim Wallace Jim Wallace Liberal Democrat 9:31 am, 8th June 2000

One of my concerns, which has been reflected in a number of articles, is that if we were simply to abolish poindings and warrant sales without humane and effective diligence against movable property, we would push more people into the hands of loan sharks if they were unable to obtain credit from other, more reputable, providers of credit services. The fact that we have involved creditor interests in the working group indicates that we are conscious of that.