RBS and the 80% interest rate charged

[DandD]

Re: RBS and the 80% interest rate charged

Here's the latest 'press clipping' about us.

It's not really accurate but at least they did get some comments from the Bank.

here's the link

http://www.thisisnorthdevon.co.uk/ne...l/article.html

[Amethyst]

Re: RBS and the 80% interest rate charged

Thank you for that - helpful with another case we are looking at too re jointly and severably liable.

However, a spokesman for RBS said on Friday that the bank is now seeking repayment of £40,000.
He said: "We believe any confusion over the total amount due has arisen due to the rules on "joint and several liability" in respect of their previous business partnership, which means that any outstanding amount of joint debt can be placed against each of their names.
"This does not mean that we are doubling the debt but simply that either party can settle it. Once either party repays the outstanding joint debt, the joint debt is satisfied."

[quote]

[DandD]

Re: RBS and the 80% interest rate charged

We've been doing a bit more digging and have found out a bit more info.

Most people who have issues with RBS have had letters from their solicitors Cobbetts (not sure about the spelling).

The solicitor dealing with us is called FLADGATES in London. we always beleived that they were mislead by RBS and that they hadn't done anything wrong........BUT, it looks like they might be in a bit of trouble too.

If you have the time it might be interesting to have a look at these links...

http://business.timesonline.co.u k/tol/business/industry_sectors/technology/article4449605.ece

http://www.propertyweek.com/story.asp?storyCode=31239 66

Luckily, this is our allies The Times.

Has anyone else had dealings with FLADGATES?

D&D