A series of legal credit card test cases this month will have a strong influence on how enforceable credit card debt really is. The High Court in Manchester will hear 12 cases over the course of five days to determine a range of legal issues. A claims management company, Cartel Client Review, has brought the claims on behalf of clients.
CCR boss Carl Wright was reported in credit card news as commenting: "We want the judges to rule on these claims, providing precedents which will prevent the banks and credit card companies delaying on paying out on consumer claims any longer"
The cases concern borrowers who argue that debtors have failed to act in accordance with the Consumer Credit Act. If the test cases prove a success for the clients, the door could be opened to a stream of credit card litigation.
Credit card debt test cases
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Credit card debt test cases
Mon, 30 Nov 2009
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