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Insolvency fees and solicitors' fees


 

Barry Sheerman MP calls for debate on insolvency saying many individuals find themselves 'taken to the cleaners' by high fees.

 

Harriet Harman (Lord Privy Seal, House of Commons; Camberwell & Peckham, Labour)

If indeed the Prime Minister were to make a statement next week, the hon. Gentleman could raise that point with him, hypothetically.

 

Barry Sheerman (Huddersfield, Labour)

Will my right hon. and learned Friend organise an early debate on insolvency fees and solicitors' fees? Many individuals who lose their businesses and homes find themselves taken to the cleaners by those fees, which are as high as £400 an hour.

Harriet Harman (Lord Privy Seal, House of Commons; Camberwell & Peckham, Labour)

We want to make absolutely sure that we leave no stone unturned as the country and businesses face the current difficult economic situation. My hon. Friend makes an important point, and I will bring it to the attention of Treasury Ministers. It might be one that he should raise at Treasury questions next week.

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