HC Deb 25 October 1956 vol 558 c65W
52. Miss Burton

asked the President of the Board of Trade if he will introduce legislation declaring a moratorium on the power of hire-purchase firms to repossess themselves of household goods on which substantial payments have been made where the hirer becomes unemployed after the hiring agreement and produces a certificate from the employment exchange that suitable alternative employment cannot be found.

Mr. P. Thorneycroft

No. The Hire Purchase Acts, which apply to virtually all agreements for household goods, already provide that where at least one-third of the hire-purchase price has been paid the owner may not repossess the goods except by action through the courts.