Skip to main content

Insolvency and the Enterprise Act

It will take some time to pin this issue down. However, what I have found so far is that the Insolvency Service is selling people's debts.

It writes a letter to them saying we are selling your "debt for £xxxxx (we do not know how much it is". This, of course, causes rather a lot of confusion.

I could understand the concept that they are sub-contracting in part the process of working out how much the debt is. However, to tell someone that they owe some money, but they are not sure how much it is, and it has been sold to someone else and then that they may have to sell their house, is a bit cruel.

This must affect a few thousand people nationally. Tax Credits appear to still be mired in chaos.

Comments

Popular posts from this blog

Why are babies born young?

Why are babies born young? This sounds like an odd question. People would say "of course babies are born young". However, this goes to the core of the question of human (or animal) development. Why is it that as time passes people develop initially through puberty and then for women through menopause and more generally getting diseases such as sarcopenia, osteoporosis, diabetes and cancer, but most of the time babies start showing no signs of this. Lots of research into this has happened over the years and now I think it is clear why this is. It raises some interesting questions. Biological youth is about how well a cell functions. Cells that are old in a biological sense don't work that well. One of the ways in which cells stop working is they fail to produce the full range of proteins. Generally the proteins that are produced from longer genes stop being produced. The reason for this relates to how the Genes work (the Genome). Because the genome is not gettin