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More details from petition creator

Many people are unaware that unsecured debts such as loans and credit cards can be secured against a persons home if they fall behind with payments. Changes coming into force later this year actually make this process easier for lenders to take this course of action, even if you are not in arrears with payments under the terms of a county court order. My petition is to stimulate discussion to ensure that the use of this legislation is reserved for appropraite and relevant cases (i.e. fraud or wilful and negliegent borrowing) and that peoples personal circumstances are always taken into consideration when making such an order. This is to ensure that this does not become standard practice for the collection of unsecured debts to allow lenders to balance their books. It should also be made clear to anyone taking out unsecured borrowing that their home could be at risk if they are unable to meet payments.

Current signatories

Paul Fox, the Petition Creator, joined by:

• John Talbot
• John Holden (petitions.pm.gov.uk/Thereisnogod)
• mark antrobus
• Priti Shah
• Alison Anthony
• Robert Anthony
• Adam Mills
• rebecca hill
• Micheal Green
• Alan Damper
• Phil Perry
• caroline linfoot
• sue chlopecki
• Dee Steed
• patricia howell
• B Gosling
• DIANE NEWITT
• maria simonetta
• Leeanne Fearnehough
• Alan White
• Susan Stewart
• janet fisher
• Phil Whitmore
• Lynda Phillips
• jason hyland
• Dan Russell
• R Crawley
• A C Lochhead
• DG Locock
• dale lomas
• Victoria Murray
• mary merkelt
• E.Theophanides
• Emmi Macintosh
• Grahame Parish
• julie gregory
• T. Phillips
• Karen Davies
• Roger Green
• Helen Aldred-Jones
• Stephen Peace
• dave glover
• Christina Kebbell
• Ian Wilson
• David Parry
• kevin lufflum