Homeowner Bill Passed by Parliament
12th February 2010
The Homeowner & Debtor Protection (Scotland) Bill has been passed by the Scottish Parliament. The new law has already featured in a number of news articles on this website, and Renfrewshire Law Centre was involved in government consultation on the proposed legislative reforms.
Housing and Communities Minister, Alex Neil MSP commented that, "One of the most significant consequences of the economic recession is that too many Scots find themselves caught in a debt trap, putting family homes - and families - at risk. Our response, embodied in this bill, has been to act quickly to introduce more protection for home owners and to offer support to those people who currently cannot access debt solutions. Finally, they are protected with the full weight of the law. In implementing the provisions in the bill, we will continue in the spirit of co-operation that has been a feature of discussions among all political parties in the chamber. We will also ensure lenders, the courts, advice sector and others are geared up for implementation of the bill."
Click this link for the Bill as passed