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For sometime now we have heard the rumours about credit card debts and loans being written off by their various providers. Then the BBC showed a Panorama television programme called "Can't Pay, Won't Pay" We heard Sir Roy Good an eminent Solicitor who was involved with the drawing up of the Consumer Credit Act 1974 explain the mistakes that made these finance agreement invalid and unenforceable.
There is a little known secret about a UK business that has quietly been auditing mortgages, car loans, home Improvement loans, secured homeowner loan, consolidation loans, personal loans, buy to let mortgages and to date they have submitted over 40,000 mortgages and loans to their solicitors for refunds. The reason for them submitting these mortgages and loans to their solicitors is they have found them to be invalid and unenforceable and challengeable in a court of law.
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