Re: Appeal Judgment - 26th February 2009 - OFT v Abbey National Plc & Otrs
I think Glenn that the issue of if they lost and the point in which they lose, throws open a massive gaping hole. You have CCJ's issued, DCA activities, Defaults, repossessions, charges going back prior to Statute of Limitations. It is a massive timebomb and that could then lead onto charges from Credit cards being properly dealt with, companies imposing charges for returned payments and the like. The decision of the House Of Lords may be absulutely crucial as to cause a revolution in banking.
I think Glenn that the issue of if they lost and the point in which they lose, throws open a massive gaping hole. You have CCJ's issued, DCA activities, Defaults, repossessions, charges going back prior to Statute of Limitations. It is a massive timebomb and that could then lead onto charges from Credit cards being properly dealt with, companies imposing charges for returned payments and the like. The decision of the House Of Lords may be absulutely crucial as to cause a revolution in banking.
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