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Loan in dispute, can bank take repayments from my account?

PostPosted: Thu Sep 24, 2009 8:08 am
by Iwasbornfree
I have a loan with a bank which is in dispute. Solicitors are handling this claim (before I knew about this forum).

I have stopped making my loan repayments and now my account is overdrawn (unauthorised overdraft) because of this. I have now had letters and a phone call informing me of this and requesting payment of the overdraft, both unanswered as yet.

Before I make any reply.

Does anybody know if the bank are allowed to take the loan repayments from my account if the loan with them is in dispute?

Appreciate any help here.

Re: Loan in dispute, can bank take repayments from my account?

PostPosted: Thu Sep 24, 2009 8:57 am
by freeman-matt
SHUT THE BANK ACCOUNT and change banks if you choose....................love to all.............x

Re: Loan in dispute, can bank take repayments from my account?

PostPosted: Thu Sep 24, 2009 10:35 am
by Iwasbornfree
Thank you my friend.