News about the Abbey

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I am not sure if this has been on the site before but MP's are now raising matters in the commons.

See the details at http://www.mrscohen.com/campaignsdebt/default.asp?section=5&vid=19248&fst=&page=1

Hope this is of help

-- Matt (mattyc@ntlworld.com), November 20, 2000

Answers

I had a look at the Early Day Motion, its quite a way down the list, but for those interested it says:

"That this House denounces the unacceptable tactics used by lenders, specifically Abbey National Bank, to try to force settlements on debts which they will not properly substantiate; notes that such tactics breach the Mortgage Code, while lenders are not being held to account; condemns mortgage shortfall debt recovery by lenders such as Abbey National Bank many years after repossession; and therefore calls upon the Government to take the necessary steps to ensure borrowers are given the protection they deserve from lenders intent on maximising their profits at any expense."

-- pendle (pendle@amun-ra.demon.co.uk), November 20, 2000.


Congratulations to Mike Hancock MP (Lib Dem, Portsmouth South) for tabling it. It's EDM 1102, 31st October.

If your MP didn't sign it, ask them why not!

-- Eleanor Scott (eleanor.scott@btinternet.com), November 20, 2000.


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