Old Project Avalon Forum (ARCHIVE) - View Single Post - Clear Your Debts 70% of Credit Agreements Are Unenforcable Therefore NON repayable.

Jasper · 11-17-2008, 09:42 PM

From the original post on this issue, I read in the paper the other day that the couple had lost a court case trying to write off all their debts. They were quite successful, of the £120,000 they owed, they got it down to £20k.

Not bad, but then the Judge ruled against the basis of their claim and they had to pay Court costs............guess what, it was £100k, so they were back to where they started.

I must admit that it made me laugh a lot.

11-17-2008, 09:42 PM	#136
Jasper Avalon Senior Member Join Date: Sep 2008 Location: Lytchett Matravers, Dorset Posts: 41	Re: Clear Your Debts 70% of Credit Agreements Are Unenforcable Therefore NON repayabl From the original post on this issue, I read in the paper the other day that the couple had lost a court case trying to write off all their debts. They were quite successful, of the £120,000 they owed, they got it down to £20k. Not bad, but then the Judge ruled against the basis of their claim and they had to pay Court costs............guess what, it was £100k, so they were back to where they started. I must admit that it made me laugh a lot.