Jan 17 2008
Changes such as redundancy or divorce would be considered reasonable grounds for an Enforcement Restriction Order (ERO), which would cover personal loans, credit cards and some other debts. No upper debt limit would be applied but the …
Source: Government proposes major reforms to personal insolvency law
Jan 16 2008
… consumers who fall into financial difficulties through a change of circumstance to stop making repayments on personal loans, credit cards and other debts for up to 1 year by applying for an ‘ enforcement restriction order [Times] …
Source: European Market Update – Forex Analysis, Currency Forecast, FX …
Jan 16 2008
To do this they would need to apply for an “ enforcement restriction order ” (ERO). Civil Justice Minister, Bridget Prentice, said: “We want to ensure that people who run up debts are given every opportunity to pay them off.” …
Source: Court order plan for debt repayment holiday | News | Compare and Save
Jan 16 2008
Under the proposals people who need extra time to pay off their debts could go to court for a new Enforcement Restriction Order . If granted this would provide temporary relief from the debt being enforced and collected for a set period …
Source: New ways to help manage people's debt – Ministry of Justice
Jan 16 2008
… out for consultation the areas where secondary legislation will be used to establish the parameters required for the effective operation of both the revised Administration Order scheme and the Enforcement Restriction Order scheme. …
Source: Administration and Enforcement Restriction Orders – Ministry of …