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Cancellable agreement

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  • Cancellable agreement

    Hi all, I have a long standing issue with Nastywest, it was a loan on which they have now taken to court.

    Question:
    1. I believe that when one did not sign an agreement at the bank premises, then the agreement should be cancellable.

    2. If on the agreement, the bank states that it is non cancellable, does this mean it has ran fould of prescribed terms and thus unenforceable?

    3. If a previous agreement was paid off by a current agreement, is current agreement a modifying agreement? or must it contain certain terms to make it modifying?

    Court date is looming, and Nastywest solicitors have said their cost is up to £10,000, I must get this right or better raise the white flags.

    Look forward to help here.

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