i am not in any arreas i am still paying monthly and not missed any payments. no enforcement proceedings have been threatened the bank states in the letter .even though we connot enforce the agreement at the moment should i fail to make payment in accordance with the terms of your agreement we will disclose fault data to the credit reference agencies. the bank also states that interest will accrue on the outstanding debt .
thanks thats what i was thinking of doing putting it in a separate account just one more question can the bank sell the debt on to a debt collection agencie if they cant find an agreement. kind regards bernard.
is it worth me sending the bank . account in dispute - section 10 notice
hi did you get my last question about sending a section 10 notice to the clydesdale/ yorkshire bank. kind regards bernard.
i think the credit visa card was mis sold to me in the early 1990 .the effect of section 6 (schedule 6) of the consumer credit agreement regulations set out a number of prescribed terms that must be contained in the credit agreement the effect of section 127 (3) is that where an agreement does not contain any one or more of the prescribed terms so that there is a breach of schedule 6 the agreement as a whole will be irredeemably unenforceable as far as i am aware this means the bank cannot obtain an order from the courts to enforce the agreement i am undecided as to what to do also this bank has refused to give me back my ppi i have been payin for the last 10 years the ppi claim is now in the hands of the financial ombudsman kind regards bernard