Unauthorised transactions

SeduLOUs

Waldemar wrote: »

Finally apologies for the souless remark that was below the belt.

No need to apologise (but I appreciate the gesture). Forums are harsh places and I was definitely blunt with you so I can take it on the chin. I apologise too because I obviously wound you up.

It's not just about fraudulent transactions for me, I simply don't trust companies to do everything correctly so would never dream of letting accounts just tick along without me keeping an eye on them - you could have been overcharged or double charged for authorised transactions and without skimming through the statements you'd never know about it.

Good luck.

Waldemar

Thank you SeduLous

Another good reason to regularly check your accounts.

bris

This is a problem for you and your wife, no one else is to blame.


You are to blame for letting it go this far and she is to blame for spending your credit.


If you think the banks are going to take you seriously they you should think again. They simply won't believe you didn't know or notice despite your increased payments and statement over the last six months. The fact it's your spouse makes it even more unbelievable that they will take you seriously. You need hard facts not sympathy, so sort it out between you.

Waldemar

Oh dear another one.

bris - Not adding anything that has not already been said and again unconstructive!

Who was I blaming?
Do I not accept responsibility for my shortcomings?
Not looking for sympathy!

Looking for best way to resolve! Which I believe has been posted in terms of 0% balance transfer, financial control of accounts, strict budgeting sorting out relationship issues and wife's mental health

SeduLOUs

Welcome to the internet!

By the sound of it you have a good salary and you want to keep the family together, so the money is the minor issue.

My honest advice would be to forget about talking to the bank. Open some basic accounts with no overdraft as advised by others, shove the debt on a long term 0% BT and focus your attention on finding the best way to help your wife and your relationship.

POPPYOSCAR

Have I understood this correctly?


Your wife has a paypal account in her own name and has your credit card details assigned to it?

bigadaj

What is done is done, and there seem to be two issues to resolve.

The first has been taken on board, the debt needs to be repaid and just a question of the most efficient way of doing so.

The other question is how thsi will be managed going forward, there's obviously a medical and counselling side to things which is outside the scope here. But there's also the financial side, and whilst you can separate your affairs to a large extent this may be difficult to maintain or be anywhere near absolute.

Will your wife accept being restricted to a basic bank account for example, with no credit facilities, and even if this is the case can you manage with the possibility of her income being lost. It's a serious question with no easy or particularly obvious solution.

Voyager2002

I suggest you have a conversation with a solicitor who knows the law with regard to debt and mental health...

You have begun the process of reporting these transactions as unauthorised. If you continue the process (signing the declaration) the bank will recognise that they were made fraudulently by your wife. The logical next step would be for the bank to initiate criminal proceedings, but a person can only commit a crime if they have 'capacity'. It is possible that your wife's condition means that she did not have capacity, and so while the bank could then be lenient about interest it would not seek to prosecute. I use the word "possible" because specialised knowledge is needed to know whether this argument is likely to hold water. As is clear from other posts, if this did not work out you could not control whether your wife would face prosecution, and the consequences of this would be disastrous for you: hence the need for extreme caution and expert advice.

Waldemar

Hi Poppyoscar

Yes that is correct, my wife unbeknownst to me took my card and used the details to link it to her paypal account she only needed the details once and no security measures were required either.

Waldemar

Hi bigadaj

My wife has accepted the need for control of the accounts and to stick to a budget and a basic account with no line of credit. I will have access to all the accounts and will monitor on a fortnightly basis set against a monthly budget.

The aim being to clear the debts as quickly as possible and then stick to a sound budget that will allow us to save for the future as well as live now.