Legal Beagles wrote to each of the banks to ask their views on the findings.
This is the letter we sent.
This is the letter we sent.
Lord Terence Burns
Chairman
Abbey National PLC
Abbey National House
2 Triton Square
Regent's Place
London NW1
Dear Lord Burns,
I am writing to you, as part of the Administration Team at the rapidly growing Legal Beagles Consumer Group, to request information about your banks current position with regards to adverse County Court Judgements and your recent application for renewal of your Consumer Credit License.
You will be aware it is a requirement of the Consumer Credit Licensing Bureau to fully answer the following question as part of your application;
“Has your organisation had a county court judgment made against them in the last five years “
You will also be aware that providing such false information, or withholding information requested by the Office of Fair Trading (OFT), or misleading the OFT, can all have a significant impact on the OFT's assessment of your fitness to be licensed.
To this end I put the following questions to you;
1) Are you, your shareholders and investors aware that Abbey National PLC have over 95 County Court Judgements, totalling approximately £255,000, currently listed with the Registry Trust as unsatisfied against them?
2) How many of these County Court Judgements did the Bank declare when applying to renew their Consumer Credit License?
3) As the required standard of fitness to hold a Consumer Credit License must be maintained throughout the life of the License has Abbey National PLC declared subsequent CCJs as and when they have arisen?
4) Are HM Treasury, HMCS, OFT, FSA, CCLB, BBA, BCSB, your shareholders and investors aware that Abbey National PLC is failing to satisfy Judgement Debts amounting to over £¼ million?
5) What actions do you propose to rectify this blatant breach and total disregard of Court Procedure?
I am assuming this must be just one of the “More ideas for your money”
In order to assist you in giving a full and timely response to my queries, please find enclosed a list, supplied to our Consumer Group by the Registry Trust, of County Court Judgements currently registered against Abbey National PLC.
As I believe this matter to be of great media and public interest, especially in the current climate, I would ask you to at least acknowledge this correspondence by return or at the latest within the next ten days, indicating your intentions to my request.
Yours Sincerely
Chairman
Abbey National PLC
Abbey National House
2 Triton Square
Regent's Place
London NW1
Dear Lord Burns,
I am writing to you, as part of the Administration Team at the rapidly growing Legal Beagles Consumer Group, to request information about your banks current position with regards to adverse County Court Judgements and your recent application for renewal of your Consumer Credit License.
You will be aware it is a requirement of the Consumer Credit Licensing Bureau to fully answer the following question as part of your application;
“Has your organisation had a county court judgment made against them in the last five years “
You will also be aware that providing such false information, or withholding information requested by the Office of Fair Trading (OFT), or misleading the OFT, can all have a significant impact on the OFT's assessment of your fitness to be licensed.
To this end I put the following questions to you;
1) Are you, your shareholders and investors aware that Abbey National PLC have over 95 County Court Judgements, totalling approximately £255,000, currently listed with the Registry Trust as unsatisfied against them?
2) How many of these County Court Judgements did the Bank declare when applying to renew their Consumer Credit License?
3) As the required standard of fitness to hold a Consumer Credit License must be maintained throughout the life of the License has Abbey National PLC declared subsequent CCJs as and when they have arisen?
4) Are HM Treasury, HMCS, OFT, FSA, CCLB, BBA, BCSB, your shareholders and investors aware that Abbey National PLC is failing to satisfy Judgement Debts amounting to over £¼ million?
5) What actions do you propose to rectify this blatant breach and total disregard of Court Procedure?
I am assuming this must be just one of the “More ideas for your money”
In order to assist you in giving a full and timely response to my queries, please find enclosed a list, supplied to our Consumer Group by the Registry Trust, of County Court Judgements currently registered against Abbey National PLC.
As I believe this matter to be of great media and public interest, especially in the current climate, I would ask you to at least acknowledge this correspondence by return or at the latest within the next ten days, indicating your intentions to my request.
Yours Sincerely
Comment