NEWSFLASH 8 May 2009
Judge freezes credit claims!! Consumers overwhelmed with debts are unlikely to be able to write-off credit card debt due to unenforceability. A judge has frozen more than 100,000 claims by indebted borrowers attempting to write-off credit and loan debt by using a loophole in the law which could make the contracts unenforceable
source: Really Useful Brokers
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