Ironically this is not about arrears, in fact to the contrary, as despite a 4 fold increase in the monthly interest due, over payments were maintained.
But Barclays Bank’s stance is, the term has expired, and we want the loan repaid, now..
Yep that is right, Barclays are a Bank, thus they will, on the repayment of the money, via Barclays gaining possession of another home, they will simply lend the money to someone else...
It’s very likely, someone with a higher risk of default, and at a lower rate. In fact for comparison, today I saw HSBC where offering the same rate, being 6.6%, on a period loan, likely being unsecured.
So, Shake the Tree, has looked into this situation, done sums, comparisons and equations. And taken a view on the deception and advised the court and the Judges, they need to be mindful, of their complicity in perjury and fraud.
The BIG question is, will the Judges heed the warning, all fall in line with the multi nationals, as the courts and Judges did with Fujitsu and the Post Office...
You will of course, have a grasp on the Post Office scandal, which showed how woefully poor the UK justice process is.
So how will a UK Judge respond, to the deception used by Barclays Bank, in their blatant aim to re-possess a borrowers home.. In this case the borrower has offered vast quarterly repayments, which Barclays have declined, yet they have told the court they have sought a resolution.
That is an act of perjury and fraud, thus the courts have been advised of such, and they will be observed from every angle... Judges consider they are untouchable, trust me they are not.. Judges are no other then highly paid servants of the state, and they must serve the state is what they are expected to do..
Or they will end up behind bars, just as the common person does, who fall’s foul of that expected of them..
This Pod, like many on STT, illustrates just how poor the UK justice process is..
Content by; Shake the Tree..