Petition Companies should pay compensation for wrong debt chasing.

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A Company that incorrectly bills a person and then pursues them by letter, or debt collectors, should by law compensate that person.
A Tariff should be set to make it incumbent on companies to make sure they have their facts right before pursuing anybody.
For example:
After the recipient has responded to the original query factually denying the costs.
Compensation:
£100 for each threatening letter, or telephone call.
£300 for an incorrect entry to a credit referencing agency.
£300 if a debt collector is instructed.
£1000 if a person is wrongly denied credit because of a wrongful accusation.

It should also be mandatory an official register is kept so persistent offenders are prosecuted by the government.

This petition is closed This petition ran for 6 months

7 signatures

Progress of the petition towards its next target: 7 of 10,000 signatures required to get a government response

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10,000 signatures required to get a government response

Date closed 31 May 2013
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