Frozen bank account changes should enable debtors to function

The clearly unfair practice use by the State of freezing the bank account balances of those owning money to Social Security is to be changed.

Currently, the State freezes an account, however much it contains, leaving many people unable to use what should be their free balances after the Social Security debt is cleared.

Regardless of the amount owned in Social Security arrears, when an account is seized, it is seized in full but from next year the government says that it will only take the amount owed, rather than freezing the whole balance.

This 100% freezing has caused serious problems for thousands of companies and individuals, and has been described as abusive as the State has full control over money to which it is not entitled and has caused people to run up arrears with other suppliers, have direct debits fail and generally has been designed to cause domestic mayhem.

The government has always said that its methods are there to deter people from getting into debt but the public has long believed that the state is punishing those who dare to owe it money.

The government also has committed to lifting the freeze swiftly once full payment of the amount owed has been made. Currently the unfreezing of accounts takes a further age which has caused many companies to fail while waiting for full service to be resumed.

These are but good intentions so far, due to commence next year: exactly when next year is not hinted at but change clearly is due.

You must be a registered user to make comments.
Please register here to post your comments.