A couple have been banned from running a “debt sale” business which took more than a million pounds in fees from clients.
The injunction, imposed by Birmingham County Court, was granted after an investigation by Birmingham Trading Standards officers.
The firm, Credit Card Killer, was run by Mr and Mrs Basil Rankine.
They were accused of making misleading [...]
The embittered claims management sector has been dealt another blow after a judge at the Manchester Mercantile Court ruled that lenders can still enforce debts even if the original loan agreement has been lost or destroyed. The decision to hear a number of test cases at the court came as a result of the number [...]
The High Court considered the case of an individual, who was seeking to have his £17,034 personal loan from RBS declared unenforceable.
Alert on Office of Fair Trading website and Ministry of Justice claims regulation site: Claims regulator and OFT issue consumer alert. Claims regulator and OFT warn consumers about risks of being misled over the enforceability of consumer credit agreements MoJ/OFT Consumer alert 21 August 2008 The Claims Management Regulator at the Ministry of Justice and [...]
