How does one take a bank to court?

Lord_Snoopy

Then in the end nobody loses a penny .. that must be good! Surely!

CLAPTON

yes but what exactly are you taking them to court about

Lord_Snoopy

I mean we paid thousand and thousand for the £20K
overdraft year after year, but that's our stupid fault and that's how banks make their money, so no complaints there!!

Lord_Snoopy

I guess you've sorted this for me ... I can't can I .. they haven't done anything wrong ... I'm going to have to wait for them to take me to court!!

Lord_Snoopy

Just wanted to pre-empt it .. is all!

MrRedundant

Your having a laugh surely.

Firstly the bank are bound to have something authorising the loan.
Secondly you cant seriously expect to get a loan and then not pay interest.

Ultimately unless the bank have no authority to transform it you have no hope at all. Have you asked for the authorisation? Would an OD not also incur interest?

The bank in my view have every right to chase you for this money. You need to chase your partner for his share.

PNPSUKNET

by paying for a few years your took your paddle away

BugsyBrowne

Lord_Snoopy wrote: »

Stiffed by Barclays .. not going to take it up the !!!! .. can one of you genius' help me!!?
Lord Snoopy

Should be lord loopy not lord snoopy.

Lord_Snoopy

MrRedundant are you secretly Peter our naughty Business Manager from 2006?

The bank don't have anything authorizing the loan .. 5 or 6 months I've been asking 'til I'm blue in the face for this signed doc.

Maybe I'm thicker than I already thought I was, but shouldn't I have had the chance to sign a document and then have a couple of weeks 'cooling off' to mull over and see if this was what I/we really wanted?

and yes the O.D. incurred a lot of interest but we, hopefully, with a bit of hard work and luck, could have zero'd it in 2 years.

I get shafted by a 15 year long business partner for the full outstanding debt, I then enquire who signed for this loan, as I knew I hadn't .. I find out that nobody's signed for this loan!
Couldn't this just simply be some kind of 'weird universal' wrong being righted?

Lord_Snoopy

As I said earlier, I'm more than happy to pay all the original remaining debt back and yes the bank will be a little out of pocket for lending for free for 4 years!

When I say out of pocket ... they received approx. £40K over 15 years of business for servicing our account fees and O.D. fees etc. even though I never even so much as met the Business Manager or anybody else at the bank during that time! We got a courtesy telephone call every 3 or 4 years though!