Debts Caused By Bank Ruining Business

BTP1956

hi iolanthe07 and carmenmoser481

thanks for your comments

dancing fairy thanks for the heads up re magpie cottage i will PM her
i will update when i hear more

kind regards btp1956

BTP1956

FOS dealing with 2 issues the ICO dealing with the other 2 DPA2005


they have 40 days to reply to me i will post when i get an update

regards btp1956

stevemLS

It is the Data Protection Act 1998 and applies to personal data so:

1. If it was a business account, it is not personal data within the meaning of the Act, and

2. Most creditors terms and conditions give them the right to "assign" or sell the debt to a third party at any time, you should be given notice of it but not necessarily before the act.

It seems to me that the data arguments are red herrings and you need to focus on the advice you were given.

Thrugelmir

"Re our personal debts we were payng a fixed amount which they agreed to via standing order this had just been reviewed in the may/june last year"

Why was it necessary to come to an arrangement?

BTP1956

hi steve lms
as i was a sole trader it counts as personal details and we have not been given all information under the DSAR
they are allowed to sell on providing they give you fair warning which they didnt

hi Thrugelmir
the personal debts we had been paying off from aug 2011 when i managed to get back into full time employ

it had gone to the TSB collections in scotland they were the people we had been dealing with up to july last year