Enforced sale - government response on £25k limits expected 'shortly'

The Department for Business Information and Skills has just released its formal response on the Consumer Credit element of the long-running (not to say interminable) Consumer Credit and Personal Insolvency Review. This includes the comment that its formal response on the proposal to lift the minimum requirement for an enforced sale to £25,000 is expected "shortly". Specifically, the newly published document says, with regard to questions 12 to 14 of the original call for evidence: The Ministry of Justice consultation on orders for sale and proposals to improve the effectiveness of the court enforcement process closed in June. The Government will respond to the consultation shortly. The consultatoin process started in October 2010 and the intiial consultation closed in December 2010. An interim response by the government was issued in Jully 2011. The latest document can be downloaded from here. (See final documents on the page).