Abolish the bankruptcy level of £750 and replace it with a limit equal to the ‘Small Claims’ limit
We, the undersigned, petition the Prime Minister to Abolish the bankruptcy level of £750 and replace it with a limit equal to the ‘Small Claims’ limit
The Insolvency Act 1986, which allows an ‘Individual Creditor’ the right to apply for bankruptcy,of a person, is a violation of Human Rights. The presumption that a debtor is ‘unable to pay’ because of the issue of a stautory demand, whereas they may be unwilling, as they dispute the amount, is ‘unlawful’. Anyone who has been declared bankrupt as a result of an ‘unlawful judgement’ by any Court,since 1986, should be compensated in full.
This petition closed on Tuesday 11 March 2008 without having attracted any support at all. The creator was left in a minority of one. Here’s your chance to comment on this petition.