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Hi
My partner had a private bank account with Natwest. It was his sole account and had a 15k overdraft limit on it.
I was added to the account in Sept 2001 when we bought a house together and at the time I was added the account was -7k.
The account had over the following years been operated solely by my partner since it was actually only his account, I never knew the login details, pin numbers, never signed any cheques, never attended any meetings with bank managers nor was requested to do so.
I ran my own account, had my own business and really never got involved in it.
Sometime in 2007 my partner arranged a dollar account in his sole name with Natwest to enable him to trade currencies. This enabled him to transfer large sums of money back and forth between the accounts. I was never involved in any of those conversations with the bank manager.
Anyway, the account had literally 100,000's of thousands in and out of it, not one transfer was ever authorized by me. Anyway, in December of 2008 a transfer came into the joint account that left it 30k in credit, and then a 43k transfer was authorized by my partner to go to the dollar account in his sole name, leaving us 13k overdrawn. Unfortunately in December of 2008 the company he did the trading with Crown Forex, went into liquidation and so he lost all the money. He was then effectively redundant and got very depressed and everything went to pieces, he continued to use credit cards to pay our bills, I really never realized nor did he tell me just how bad it was, until the cards ran out and he was up against the wall.
During this time my partner continued to run the account at that overdraft level, eventually because the money run out the bank started to call him in for meetings about the joint account, I was never asked nor attended any of these.
The first I actually got involved was when I got a letter from Triton Credit telling me I owed 35k. They had closed the dollar account and lumped the money owed on that account into the joint account. I appealed the dollar debt and they took it off my debt, but are now taking me to court for 14k which is the debt now on the joint account.
My question is, do I have any case to fight on this, given the circumstances. And if I do has anyone got any advice on what I should put on my claim. I would appreciate any help you can give on this.
My partner had a private bank account with Natwest. It was his sole account and had a 15k overdraft limit on it.
I was added to the account in Sept 2001 when we bought a house together and at the time I was added the account was -7k.
The account had over the following years been operated solely by my partner since it was actually only his account, I never knew the login details, pin numbers, never signed any cheques, never attended any meetings with bank managers nor was requested to do so.
I ran my own account, had my own business and really never got involved in it.
Sometime in 2007 my partner arranged a dollar account in his sole name with Natwest to enable him to trade currencies. This enabled him to transfer large sums of money back and forth between the accounts. I was never involved in any of those conversations with the bank manager.
Anyway, the account had literally 100,000's of thousands in and out of it, not one transfer was ever authorized by me. Anyway, in December of 2008 a transfer came into the joint account that left it 30k in credit, and then a 43k transfer was authorized by my partner to go to the dollar account in his sole name, leaving us 13k overdrawn. Unfortunately in December of 2008 the company he did the trading with Crown Forex, went into liquidation and so he lost all the money. He was then effectively redundant and got very depressed and everything went to pieces, he continued to use credit cards to pay our bills, I really never realized nor did he tell me just how bad it was, until the cards ran out and he was up against the wall.
During this time my partner continued to run the account at that overdraft level, eventually because the money run out the bank started to call him in for meetings about the joint account, I was never asked nor attended any of these.
The first I actually got involved was when I got a letter from Triton Credit telling me I owed 35k. They had closed the dollar account and lumped the money owed on that account into the joint account. I appealed the dollar debt and they took it off my debt, but are now taking me to court for 14k which is the debt now on the joint account.
My question is, do I have any case to fight on this, given the circumstances. And if I do has anyone got any advice on what I should put on my claim. I would appreciate any help you can give on this.
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