Q&As

Is a creditor obligated to deal with a request under section 77 of the Consumer Credit Act 1974 when the Credit Agreement has already been terminated and there has been a County Court judgment obtained? Does the obligation only relate to 'live' agreements?

read titleRead full title
Published on LexisPSL on 18/08/2016

The following Financial Services Q&A provides comprehensive and up to date legal information covering:

  • Is a creditor obligated to deal with a request under section 77 of the Consumer Credit Act 1974 when the Credit Agreement has already been terminated and there has been a County Court judgment obtained? Does the obligation only relate to 'live' agreements?

Section 77 of the Consumer Credit Act 1974 (CCA 1974) is silent on this specific point.

However, CCA 1974, s 77(3) does stipulate that the requirement to provide information to the debtor does not apply in the following circumstances:

Popular documents